4527 Mcmillan, Lynwood, California 90262, Lynwood, 90262 - 0 bed, 0 bath
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4527 Mcmillan
Lynwood, California 90262
ACTIVE
CONDITION: FAIR
0Beds
0Baths
1,513Sq Ft
5,155Lot Size
Property Price
LIST PRICE$780,000
EST. MARKET VALUE
$705,027
10% AboveMARKET VALUE
SUMMARY
This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at $780,000—positioned above the $705,028 Fair Market Value. While the property requires capital investment due to its Fair Condition Rating, the versatile configuration—featuring a 3-bedroom front unit and a 1-bedroom rear unit with a bonus room—provides significant Value-Add Potential. The inclusion of a one-car garage and ample off-street parking addresses high-demand needs for multi-generational tenants. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income.
Estimated Market Value
$705,027
Based on Realkey algorithm analyzing recent comparable sales in Lynwood.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4527 Mcmillan Subject | $780,000* List Price | 0 | 0 | 1,513 | $466 | - |
A 12626 Harris Sold | $730,000 | 0 | 0 | 1,750 | $417 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1949, this property is functional but dated. While the bathroom shows a mid-range renovation likely from 15-20 years ago, the overall description suggests a 'value-add' opportunity, indicating that systems and cosmetics require updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Versatility
The duplex configuration, featuring a substantial 3-bedroom front unit and a separate rear unit, provides excellent flexibility for owner-occupants or investors seeking dual rental income.
- Superior Parking Capacity
The property offers a rare combination of a one-car garage and ample off-street parking for multiple vehicles, a high-demand feature for multi-generational households in this area.
- Value-Add Potential
With a functional layout and an additional bonus room, there is significant opportunity for a buyer to modernize the units and realize immediate equity growth and increased rental yield.
CONSRISKS & DEFICIENCIES
- Unverified Improvements
The rear unit includes a bonus room not reflected in public records, which may create complications regarding financing, appraisals, and future building permit compliance.
- Vintage Condition
Built in 1949 and marketed as an opportunity to 'add value,' the property likely requires capital investment for deferred maintenance and aesthetic upgrades to meet modern market standards.
About 4527 Mcmillan
Excellent opportunity to own a versatile Duplex in Lynwood. The front unit features 3 bedrooms while the rear unit offers 1 bedroom plus and additional bedroom/bonus room that is not reflected in the public records. The property offers ample parking for multiple vehicles, along with a one car garage, providing excellent convenience and additional storage potential. With its functional layout and generous parking, this property is ideal for an owner-user, extended family, investor looking for rental income potential. Don't miss this opportunity to add value and make this duplex your own. Buyer to verify permits, square footage, and all property information with the appropriate authorities.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1949
- Lot Size
- 5,155 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,513 | 2,084.167 |
| Lot Size | 5,155 | 7,992.833 |
| Price | $780.0K | $881.8K |
| Price per sq ft | $516 | $403 |
| Built year | 1949 | 1957 |
| HOA | $0 | $0 |
| Days on market | 21 | 89 |
Pricing History
Listed for Sale
Aug 19, 2026
$780,000
Initial Listing
Sold
Apr 5, 2011
$255,000
Public Record
Sold
Oct 14, 2010
$174,000
Public Record
Sold
Sep 3, 2002
$206,000
Public Record