5151 Niland Street, Lynwood, California 90262, Lynwood, 90262 - 5 bed, 3 bath
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Lynwood, California 90262
This property presents a Strong Value Opportunity with a List Price of $750,000—positioned well below the $809,881 Fair Market Value by 7%. This valuation gap offers $59,881 in Instant Equity. Featuring four distinct living spaces and a Condition Rating of 3, this multi-unit asset provides significant rental income potential. While sold in AS-IS condition, the updated interiors offer immediate functionality. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property in the Lynwood Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5151 Niland Street Subject | $750,000* List Price | 5 | 3 | 2,195 | $369 | - |
A 4296 Platt Ave Sold | $875,000 | 5 | 2 | 2,304 | $380 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1941, the interior photos reveal significant renovations likely completed within the last 5-15 years, including recessed lighting, modern ceiling fans, and updated tile flooring. The units appear well-maintained and functional for immediate occupancy despite the 'as-is' sale condition.
With four distinct living spaces including a front house, back house upper unit, studio, and garage ADU, this property offers exceptional cash flow opportunities or multi-generational living flexibility.
Priced at $750,000 for a multi-unit configuration, this property represents a rare and high-value investment opportunity within the Lynwood real estate market.
The property's proximity to major freeways, public transportation, schools, and shopping centers makes it highly attractive for long-term tenants and ensures low vacancy rates.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 5465.
The property is sold strictly as-is with no seller repairs or warranties, meaning buyers must be prepared for potential deferred maintenance and immediate renovation costs.
Being tenant-occupied with showings restricted to open houses complicates the due diligence process and may present challenges for buyers seeking immediate possession.
A Property with Four Distinct Living Spaces in Lynwood, CA What if one property could offer this much flexibility? Welcome to 5151 Niland St, Lynwood, CA 90262 — a single-family lot currently configured with four separate living areas, a layout that's hard to find in today's market. Listed at $750,000, this is a property worth a closer look. Four Living Areas The Front House — 2 bedrooms, 1 bathroom, the property's original structure The Back House Upper Unit — 2 bedrooms, 1 bathroom The Studio — 1 bedroom, 1 bathroom, connected to the back house by a shared wall The Garage ADU — a converted detached garage offering additional independent living space Lynwood offers easy access to shopping, schools, dining, major freeways, and public transportation — practical advantages for tenants and owner-occupants alike. Built in 1941, the property spans 2,195 square feet on a 5,465 square foot lot. At this price point, a property with four living areas is a rare find locally — whether the appeal is housing extended family, generating rental income, or simply securing a versatile asset. Property is being sold strictly AS-IS, WHERE-IS, with no warranties expressed or implied. Seller will not be making repairs or completing repair requests; buyers should factor the property's current condition into their offer. Property is Tenant Occupied and showings will be reserved to Open Houses.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,195 | 1,186 |
| Lot Size | 0.13 | 5,573 |
| Price | $750.0K | $687.2K |
| Price per sq ft | $342 | $631 |
| Built year | 1941 | 1947 |
| HOA | $0 | $0 |
| Days on market | 19 | 72 |
Jul 3, 2026
$750,000
Initial Listing
Aug 12, 2021
$650,000
Public Record