4221 Alvada, Lynwood, California 90262, Lynwood, 90262 - 4 bed, 2 bath
ACTIVE$840,000
4221 Alvada, Lynwood, California 90262
4Beds
2Baths
1,674Sqft
6,446Lot
Price Vs. Estimate
The estimated value ($836,619.19) is $3,380.81 (0%) lower than the list price ($840,000). This property may be overpriced.
Key pros and cons
Top Pros:
ADU Conversion Potential: The property features a 2-car garage with the potential for conversion into an Accessory Dwelling Unit (ADU), offering significant value-add and potential rental income.
Top Cons:
Age of Property & Potential for System Updates: Built in 1955, while well-maintained, the home's age may imply potential for future updates to other original systems (e.g., plumbing, windows) not explicitly mentioned as upgraded.
Compared to the nearby listings
Price:$840.0K vs avg $680.0K (+$160,000)92%
Size:1,674 sqft vs avg 1,182 sqft78%
Price/sqft:$502 vs avg $55937%
More Insights
Built in 1955 (70 years old).
Condition: Built in 1955, this home has undergone significant updates, particularly in the kitchen and bathrooms, which feature modern shaker cabinets, stainless steel appliances, subway tile backsplashes, contemporary vanities, and tiled showers. The property boasts beautifully maintained hardwood and tile flooring throughout, and an upgraded electrical panel provides peace of mind. While move-in ready with no immediate renovations required, the absence of a cooling system and the potential for other original systems (e.g., plumbing, windows) to be older, given the 1955 build year, prevent an 'Excellent' rating. The renovations appear to be within the 5-15 year timeframe, aligning with a 'Good' condition.
Year Built
1955
Close
-
List price
$840K
Original List price
$840K
Price/Sqft
$502
HOA
-
Days on market
-
Sold On
-
MLS number
DW25249408
Home ConditionGood
Features
View-
About this home
Charming & Spacious home in the beautiful heart of Lynwood. This residence offers 4 bed and 2 full bathrooms providing plenty of space for family, guests, or a home office. Step inside to discover an inviting living room with abundant light, beautifully maintained hardwood floors and tile thru out the home. Home has a great flow. All bedrooms are a great size, ensuring comfort and convenience for all. This home sits on a generous lot, offering a great front yard and back yard that is perfect for BBQ´S, playtime or simply relaxing under the California sun. Ample off street parking and storage. 2 car garage that can potentially be converted into and ADU. Large laundry area that currently has 2 washers and dryers running. Home offers upgraded electrical panel providing peace of mind. Don’t miss the chance to call this home yours. It’s a rare find in a great location.
Price History
Date
Event
Price
01/23/24
Sold
$760,000
Condition Rating
Good
Built in 1955, this home has undergone significant updates, particularly in the kitchen and bathrooms, which feature modern shaker cabinets, stainless steel appliances, subway tile backsplashes, contemporary vanities, and tiled showers. The property boasts beautifully maintained hardwood and tile flooring throughout, and an upgraded electrical panel provides peace of mind. While move-in ready with no immediate renovations required, the absence of a cooling system and the potential for other original systems (e.g., plumbing, windows) to be older, given the 1955 build year, prevent an 'Excellent' rating. The renovations appear to be within the 5-15 year timeframe, aligning with a 'Good' condition.
Pros & Cons
Pros
ADU Conversion Potential: The property features a 2-car garage with the potential for conversion into an Accessory Dwelling Unit (ADU), offering significant value-add and potential rental income.
Generous Lot & Outdoor Space: Sitting on a generous 6,446 sqft lot, the home boasts a great front and backyard, ideal for entertaining, recreation, and enjoying the California climate.
Upgraded Electrical Panel: An upgraded electrical panel provides enhanced safety and peace of mind, reducing immediate concerns regarding the home's electrical infrastructure.
Well-Maintained Interiors: The home features beautifully maintained hardwood floors and tile throughout, suggesting good upkeep and reducing immediate renovation needs for flooring.
Spacious & Functional Layout: With 4 bedrooms and 2 bathrooms, all of generous size, the home offers ample space for family, guests, or a home office, complemented by a great flow and abundant natural light.
Cons
Age of Property & Potential for System Updates: Built in 1955, while well-maintained, the home's age may imply potential for future updates to other original systems (e.g., plumbing, windows) not explicitly mentioned as upgraded.
Lack of Cooling System: The property description does not mention a cooling system (e.g., air conditioning), which could be a significant drawback for comfort during warmer California months.
Absence of Desirable Views: The property is noted as having 'None' for views, which may limit its appeal compared to homes offering scenic or city vistas.