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4003 Cortland Street, Lynwood, California 90262, Lynwood, 90262 - 6 bed, 4 bath

4003 Cortland Street, Lynwood, California 90262 home-pic-0
ACTIVE$845,000
4003 Cortland Street, Lynwood, California 90262
6Beds
4Baths
2,481Sqft
6,268Lot
Year Built
1944
Close
-
List price
$845K
Original List price
$795K
Price/Sqft
$341
HOA
-
Days on market
-
Sold On
-
MLS number
CV25004480
Home ConditionFair
Features
Deck
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 50% below the list price. We found 4 Cons,5 Pros. Rank: price - $845.0K(92th), sqft - 2481(96th), beds - 6(98th), baths - 4(98th).

*** BACK ON MARKET: FULLY ENTITLED ADU PLANS AND PERMITTED ADDITIONAL BATHROOM INCLUDED WITH SALE *** Welcome to 4003 Cortland Street, a rare gem in Lynwood, California, offering unmatched space, versatility, and investment potential. This unique home is ONE OF ONLY 2 TWO STORY HOMES ON THE ENTIRE STREET, making it a standout property for perceptive buyers. Featuring 5 bedrooms and 3 total bathrooms, this residence provides ample space and flexibility. The owner added an extra bathroom in the main building. Buyer has the option to convert the garage into a 1BED 1BATH Junior ADU with FULLY ENTITLED Plans with no additional cost to buyer, perfect for rental income or multi-generational living. A standout feature is the private balcony staircase leading directly to the upstairs bedrooms, creating a separate entrance for tenants. This unique design allows upper-level rooms to be rented without accessing the main living area downstairs. Additionally, a beautiful spiral staircase, upgraded for modern safety and style, connects both levels inside the home. Delivered ready to move in, this well-maintained property offers a prime opportunity for investors and first-time buyers to house hack—living in one portion while renting out the other spaces. The potential for significant rental income makes it a smart investment choice. Conveniently located near the 710 and 105 freeways, commuting across Los Angeles is easy. Nearby amenities include Lynwood High School, Walmart and other essential services, all within a 5 minute drive. This property is truly a special and versatile asset, ready for immediate rental, personal use, or both. With permits for the additional bathroom and junior ADU soon finalized, this home blends character, convenience, and income-generating potential. Seize this rare opportunity and call today for more information!

Price History

Date
Event
Price
08/11/25
Sold
$855,000
05/09/14
Sold
$385,000
Condition Rating
Fair
The property was built in 1944, making it an older home. While the description states it is 'well-maintained' and 'ready to move in,' and mentions an 'added extra bathroom' and 'upgraded spiral staircase,' the visible kitchen updates (stainless steel appliances, mosaic backsplash, laminate flooring) appear to be functional but not a full, recent, high-end renovation. The cabinets and countertops, though clean, show signs of being dated. No bathroom images were provided to assess their condition, but the age of the property suggests that major systems may be older, aligning with the 'aged but maintained through regular upkeep and occasional updates' criteria for a 'Fair' rating.
Pros & Cons

Pros

ADU & Income Potential: Includes fully entitled plans for a 1-bed/1-bath Junior ADU, offering significant rental income potential or multi-generational living options.
Flexible Living Arrangements: Unique two-story design with a private balcony staircase providing a separate entrance to upper-level rooms, ideal for 'house hacking' or independent rental units.
Generous Living Space: Features 5 bedrooms and 3 bathrooms in the main residence, providing substantial living space for a large family or multiple occupants.
Permitted Value-Add: A recently permitted additional bathroom in the main building enhances the property's functionality and overall appeal.
Strategic Location: Conveniently located near the 710 and 105 freeways for easy commuting, and within a 5-minute drive to essential amenities like Lynwood High School and Walmart.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-08-11. The sold price is $855,000.00.
Significant Overpricing: The current list price of $845,000 is substantially higher than the estimated property value of $414,662.25, indicating a potential overvaluation that could deter buyers.
Property Age: Built in 1944, the home's age may lead to concerns regarding older systems (e.g., plumbing, electrical) and potential for future maintenance or upgrades, despite being described as well-maintained.
Limited Market Comparables: As one of only two two-story homes on the street, its unique structure might make direct valuation challenging and potentially narrow the buyer pool seeking this specific property type in the immediate area.

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