10845 Otis, Lynwood, California 90262, Lynwood, 90262 - bed, bath
ACTIVE$840,000
10845 Otis, Lynwood, California 90262
0Bed
0Bath
1,858Sqft
8,154Lot
Year Built
1957
Close
-
List price
$840K
Original List price
$840K
Price/Sqft
$452
HOA
-
Days on market
-
Sold On
-
MLS number
PW25271033
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $840.0K(43th), sqft - 1858(50th), beds - undefined(50th), baths - undefined(50th).
Investment opportunity! Duplex for sale with long driveway, detached 3 Car garage, potential to add an ADU or other structures. The front unit is a 3-bedroom, 1.5 bath, Back unit is a 2-bedroom, 1-bath. Centrally located close to schools, parks, shopping centers, and freeways. Don't miss out on this great opportunity. Please do not disturb the Occupants. Property needs work but it has great potential, sold " As Is" condition.
Price History
Date
Event
Price
12/09/25
Listing
$840,000
Condition Rating
Poor
Built in 1957, this property is over 65 years old. The listing explicitly states it 'needs work' and is 'sold "As Is"', indicating substantial repairs and rehabilitation are required. The property analysis further confirms this, noting 'significant renovation costs and potential deferred maintenance' and the likelihood of 'substantial updates to major systems (plumbing, electrical, roofing) and cosmetic finishes.' The exterior image shows an aged structure with visible wear, consistent with a lack of recent renovation. Without interior photos, it's highly probable that the kitchen and bathrooms are severely outdated and in need of complete renovation, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, explicitly categorized as 'Residential Income,' offering immediate potential for rental income from two separate units (3-bed/1.5-bath and 2-bed/1-bath).
ADU & Development Potential: Significant potential to add an Accessory Dwelling Unit (ADU) or other structures, enhancing future income streams and property value, supported by a generous lot size.
Large Lot Size: With an 8,154 sqft lot, there is ample space for expansion, landscaping, additional parking, or the development of an ADU, increasing the property's utility and value.
Detached 3-Car Garage: A detached 3-car garage provides valuable parking, storage, or potential for conversion into a junior ADU or additional rentable space, adding flexibility and income potential.
Central Location: The property boasts a central location, close to schools, parks, shopping centers, and major freeways, which is highly attractive to tenants and supports long-term appreciation.
Cons
Condition - 'As Is' Sale & Needs Work: The property is sold 'As Is' and explicitly stated to 'need work,' indicating that a new owner should anticipate significant renovation costs and potential deferred maintenance.
Occupancy & Tenant Disturbance: The instruction 'Please do not disturb the Occupants' suggests existing tenants, which can complicate showings, inspections, and possession, potentially involving tenant rights or relocation considerations.
Age of Property: Built in 1957, the property is over 65 years old, likely requiring substantial updates to major systems (plumbing, electrical, roofing) and cosmetic finishes to meet modern standards and tenant expectations.