11150 Franklin Street, Lynwood, California 90262, Lynwood, 90262 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$550,000
11150 Franklin Street, Lynwood, California 90262
3Beds
2Baths
1,750Sqft
5,627Lot
Year Built
1925
Close
-
List price
$550K
Original List price
$680K
Price/Sqft
$314
HOA
-
Days on market
-
Sold On
-
MLS number
MB25151629
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $550.0K(12th), sqft - 1750(82th), beds - 3(50th), baths - 2(51th).
11150 Franklin St. is a well-built, spacious 3-bed/2-bath single-story home on a large lot with solar panels and strong family appeal. The home itself is larger than most you can find in this location-- it has a master bedroom with an on-suite bathroom. It also features a bonus space that can be used as an office and two living areas. It’s primed for renovation that can elevate appearance, comfort, and value— whether for living or as an investment. With a blend of classic charm and green energy savings, it offers tremendous upside in a desirable Lynwood location.
Price History
Date
Event
Price
09/13/25
Price Change
$550,000-11.1%
08/24/25
Price Change
$619,000-7.6%
08/18/25
Price Change
$670,000-1.5%
07/21/25
$680,000
Condition Rating
Poor
Built in 1925, this property is explicitly described as 'primed for renovation' and shows significant signs of age and deferred maintenance. The kitchen and bathrooms are extremely outdated, featuring mismatched cabinets, old appliances, worn fixtures, and dated flooring, all requiring complete renovation. Interior walls are scuffed, and flooring is worn. While it has solar panels, the overall condition of the home's core systems and finishes necessitates substantial repairs and rehabilitation to be comfortable and meet modern standards.
Pros & Cons
Pros
Spacious & Functional Interior: This home offers a larger-than-average layout for the area, featuring a master bedroom with an en-suite bathroom, a versatile bonus space suitable for an office, and two distinct living areas, enhancing comfort and utility.
Eco-Friendly Solar Panels: Equipped with solar panels, the property provides significant green energy savings, reducing utility costs and appealing to environmentally conscious buyers.
Generous Lot Size: Situated on a substantial 5,627 sqft lot, the property offers ample outdoor space for potential expansion, landscaping, or recreational activities.
Strong Renovation & Investment Potential: Described as 'primed for renovation,' the home presents a significant opportunity to elevate its appearance, comfort, and value, making it attractive for both owner-occupants looking to customize and investors seeking upside.
Classic Charm & Solid Foundation: Built in 1925, the property possesses classic architectural charm and is noted as 'well-built,' suggesting a solid underlying structure with enduring character.
Cons
Requires Significant Renovation: The property is explicitly 'primed for renovation,' indicating that substantial updates are needed to modernize its aesthetics and functionality, which will incur additional costs and effort for the buyer.
History of Price Reductions: The listing has undergone multiple significant price drops from $680,000 to $550,000, which may signal initial overpricing, market resistance, or potential underlying issues affecting its perceived value.
Older Systems & Potential Deferred Maintenance: As a home built in 1925, it likely features older infrastructure (e.g., plumbing, electrical, HVAC) that may require updating or maintenance, contributing to the overall renovation expenses.