11017 Carson Drive, Lynwood, California 90262, Lynwood, 90262 - bed, bath

11017 Carson Drive, Lynwood, California 90262 home-pic-0
ACTIVE$1,749,000
11017 Carson Drive, Lynwood, California 90262
0Bed
0Bath
3,149Sqft
6,306Lot
Year Built
1952
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$555
HOA
-
Days on market
-
Sold On
-
MLS number
DW25084107
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.75M(93th), sqft - 3149(86th), beds - undefined(50th), baths - undefined(50th).

This fantastic multi-family residence in the heart of Lynwood is as versatile as it is inviting! The property features four distinct living units, each offering its own unique character and charm. Both buildings have been thoughtfully remodeled to meet modern living standards. With two units offering 2 bedrooms and 1 bathroom, and two units featuring 3 bedrooms and 2 bathroom, there’s plenty of space to suit a variety of needs. The beautifully designed bedrooms provide a peaceful retreat, while each unit offers ample living space and contemporary finishes that are sure to impress. Conveniently located just around the corner from daily necessities and public transit options along major streets like Imperial, MLK Jr. Blvd. and Atlantic, this home ensures you're always connected. Whether you're running errands at nearby grocery stores and deli markets or enjoying weekends at local parks, this location has it all. Families will also appreciate the proximity to Manuel Dominguez High School, making school runs a breeze. Ideal for anyone seeking a smart property investment, a comfortable home with space for extended family, or an opportunity for additional income, this charming property offers endless possibilities. Come see why life at this delightful residence is more than just a place to live – it’s a place to truly thrive!

Price History

Date
Event
Price
01/29/24
Sold
$675,000
Condition Rating
Excellent

Despite being built in 1952, the property has undergone a recent and extensive renovation, as explicitly stated in the description and clearly evidenced by the images. All four units feature brand-new, modern kitchens with white shaker cabinets, stainless steel appliances, light countertops, and subway tile backsplashes. Bathrooms are equally updated with modern vanities, fixtures, and tiled showers/floors. Throughout the units, new LVP/laminate flooring, recessed lighting, and contemporary finishes create a virtually new interior living experience, meeting current quality standards with no visible deferred maintenance. The remodel is comprehensive across all units, making the property move-in ready with high-quality, modern aesthetics.
Pros & Cons

Pros

Multi-Unit Income Property: This property features four distinct living units (two 2BD/1BA and two 3BD/2BA), offering excellent potential for rental income, multi-generational living, or a diversified investment portfolio.
Recent Remodel: Both buildings have been thoughtfully remodeled to meet modern living standards, featuring contemporary finishes that reduce immediate renovation needs for a new owner.
Versatile Investment Opportunity: Explicitly marketed as ideal for smart property investment, extended family housing, or additional income, highlighting its broad appeal to various buyer types.
Convenient Location: Strategically located near daily necessities, public transit options on major streets (Imperial, MLK Jr. Blvd., Atlantic), grocery stores, local parks, and Manuel Dominguez High School, enhancing tenant desirability.
Ample Living Space: Each unit offers ample living space, providing comfortable accommodations for residents and catering to a variety of needs.

Cons

Significant Price Discrepancy: The current list price of $1,749,000 is substantially higher than its last recorded sale price of $675,000 in January 2024, which may require clear justification for the valuation to potential buyers.
Age of Original Construction: Built in 1952, the property's underlying structure is over 70 years old. While remodeled, potential buyers may have concerns regarding the condition of original systems (e.g., plumbing, electrical, foundation) not explicitly covered by the remodel.
Lack of Premium Amenities Detail: While remodeled, the description does not highlight specific premium amenities such as private outdoor spaces per unit, dedicated in-unit laundry, or high-end luxury finishes, which could limit its appeal to top-tier tenants or investors.

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