3125 Cedar Avenue, Lynwood, California 90262, Lynwood, 90262 - 3 bed, 1 bath
ACTIVE$679,000
3125 Cedar Avenue, Lynwood, California 90262
3Beds
1Bath
862Sqft
6,817Lot
Year Built
1930
Close
-
List price
$679K
Original List price
$679K
Price/Sqft
$788
HOA
-
Days on market
-
Sold On
-
MLS number
DW25274949
Home ConditionGood
Features
View-
About this home
Fairly Priced:The estimated price is in line with the list price. We found 4 Cons,5 Pros. Rank: price - $679.0K(50th), sqft - 862(22th), beds - 3(50th), baths - 1(50th).
3/1 SFR with RTI plans to build 2 more units
Price History
Date
Event
Price
12/11/25
Listing
$679,000
07/16/25
Sold
$450,000
Condition Rating
Good
The property has undergone extensive recent cosmetic renovations, including a completely new, modern kitchen with stainless steel appliances and a fully updated, stylish bathroom. New flooring, fresh paint, and updated windows are also evident, making the home move-in ready. However, the property was built in 1930, and the listing description notes its 'Advanced Age,' suggesting that major underlying systems (plumbing, electrical, HVAC) may still be original or very old and could require significant capital investment in the future. While the visible components are excellent, the potential for older major systems prevents an 'Excellent' rating.
Pros & Cons
Pros
Development Potential: The property comes with 'RTI plans to build 2 more units,' offering significant value-add potential for investors or developers to increase density and generate additional rental income.
Generous Lot Size: A substantial lot size of 6,817 sqft provides ample space, which is crucial for executing the approved plans to build two additional units and maximizing property utility.
Investment Opportunity: This property represents a strong investment opportunity due to its development potential, allowing for multiple income streams from the existing SFR and the two planned additional units.
Existing Income Stream Potential: The current 3-bedroom, 1-bathroom single-family residence can provide immediate rental income or occupancy while the development process for the additional units is underway.
Strategic Location: Located in Lynwood, the property benefits from its position within Los Angeles County, offering accessibility to major transportation routes, amenities, and a diverse tenant pool.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-07-16. The sold price is $450,000.00.
Advanced Age of Property: Built in 1930, the existing structure is very old, likely requiring significant capital investment for updates to major systems (plumbing, electrical, HVAC) and general renovations to meet modern standards.
Limited Bathroom Count: The existing 3-bedroom home has only one bathroom, which is a significant functional drawback for families or multiple occupants, potentially impacting its desirability and rental value.
Small Existing Living Space: With only 862 sqft for a 3-bedroom layout, the current single-family residence offers a very compact living space, which may be perceived as cramped by potential tenants or future occupants.