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10930 Otis Street, Lynwood, California 90262, Lynwood, 90262 - 2 bed, 1 bath

10930 Otis Street, Lynwood, California 90262 home-pic-0
ACTIVE$820,000
10930 Otis Street, Lynwood, California 90262
2Beds
1Bath
924Sqft
6,064Lot
Year Built
1940
Close
-
List price
$820K
Original List price
$850K
Price/Sqft
$887
HOA
-
Days on market
-
Sold On
-
MLS number
RS25236712
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $820.0K(43th), sqft - 924(7th), beds - 2(79th), baths - 1(79th).

Welcome to 10930 Otis Street, a rare investment opportunity in the heart of Lynwood. This property features a Single Family Residence plus an ADU currently under construction, offering excellent potential for added income or multigenerational living. The main home includes 2 bedrooms and 1 bathroom, with a detached 2-bedroom, 1-bath ADU (approx. 632 sq. ft.) ready for completion.( SEE ATTACHED ARCH. PLANS in supplements secc. ) The property is being sold as-is in its current condition, with buyers responsible for obtaining and finalizing all city inspections and permits to complete the ADU construction after close of escrow. Located on a 6,064 sq. ft. lot, the home sits on a quiet residential street just minutes from Imperial Hwy, shopping, schools, and major freeways. Highlights: Duplex zoning with detached ADU (under construction) Separate gas and electric meters Laundry hookups for gas and electric dryers One-car attached garage Close to schools and local amenities Standard Sale (No HOA, No common walls) Note: Solar panels on the property are leased.

Price History

Date
Event
Price
12/04/25
Price Change
$820,000-3.5%
10/10/25
Listing
$850,000
05/25/11
Sold
$190,000
11/28/05
Sold
$415,000
Condition Rating
Fair
The property, built in 1940, presents a mixed condition. While the ADU (or a recently renovated section) features a modern bathroom with new tiling and fixtures, new wood-look laminate flooring, recessed lighting, and a mini-split AC unit, other parts of the main house show their age. The kitchen has older, traditional dark wood cabinets and white tile flooring, though it is equipped with newer stainless steel appliances. Some bedrooms also feature older tile or laminate flooring and dated light fixtures. The 'as-is' sale condition and the fact that the ADU is 'under construction' and requires buyer completion means significant effort and potential costs are still needed, preventing a 'Good' score. The main house is functional but shows signs of being outdated in several areas, fitting the 'Fair' category.
Pros & Cons

Pros

Significant Income Potential: The property includes a main residence and a detached ADU currently under construction, offering excellent potential for added rental income or multi-generational living.
Duplex Zoning & Separate Utilities: Benefiting from duplex zoning and separate gas and electric meters, the property is well-configured for independent rental units, enhancing its investment value.
Strategic Location: Located on a quiet residential street, the property offers convenient access to Imperial Hwy, shopping, schools, and major freeways, appealing to potential tenants or residents.
Generous Lot Size: With a 6,064 sq. ft. lot, the property provides ample outdoor space, which is a valuable asset in urban environments.
Investment-Ready Property Type: Explicitly categorized as 'Residential Income' and highlighted as a 'rare investment opportunity,' aligning with its core value proposition for investors.

Cons

Buyer Responsibility for ADU Completion: The ADU is under construction, and the buyer is solely responsible for obtaining and finalizing all city inspections and permits to complete the construction after close of escrow, incurring additional costs and effort.
As-Is Sale Condition: The property is being sold 'as-is' in its current condition, which means buyers should anticipate potential repair costs and no seller-provided warranties or concessions.
Leased Solar Panels: The solar panels on the property are leased, which may introduce ongoing monthly payments or a buyout obligation for the new owner, potentially impacting long-term expenses.

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