4220 Alvada Street, Lynwood, California 90262, Lynwood, 90262 - 6 bed, 3 bath

4220 Alvada Street, Lynwood, California 90262 home-pic-0
ACTIVE$778,000
4220 Alvada Street, Lynwood, California 90262
6Beds
3Baths
2,128Sqft
6,750Lot
Year Built
1955
Close
-
List price
$778K
Original List price
$775K
Price/Sqft
$366
HOA
-
Days on market
-
Sold On
-
MLS number
IV25035076
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 47% below the list price. We found 3 Cons,5 Pros. Rank: price - $778.0K(84th), sqft - 2128(94th), beds - 6(98th), baths - 3(78th).

This home sits in a quiet cul-de-sac. Walking into the home, there's a dining area and breakfast bar. The kitchen has granite countertops, upgraded lighting and a ceiling fan. It also features maple oak cabinets, tile flooring, cooktop, and wall oven.Tax records show two bedrooms, but the property boasts five bedrooms, considering three others have been added. The living room allows for a separate room where family members can gather and spend quality time together. The hardwood flooring adds a touch of elegance and durability, making this home easy to maintain and clean. The Tax records show 2 bedrooms, but there are 3 more unpermitted bedrooms in the house and a den. The detached garage has been changed into a studio-type unpermitted ADU which features a kitchen, living area, and shower with toilet and sink. The large backyard has plenty of room for outdoor activities, children's play, gardening, or entertaining. The perimeter of the house is monitored by external security cameras. Being situated on a cul-de-sac, this home has a quieter and safer environment for families, with minimal traffic. It is located in a prime area close to beaches, freeways, schools, hospital, shopping, stadium, airports and easy access to several freeways. THE PROPERTY IS BEING SOLD "AS-iS" IN IT'S PRESENT CONDITION. The buyer is strongly advised to conduct investigations of the entire Property in order to determine its present condition. Seller and Agent may not be aware of all defects affecting the Property or other factors.

Condition Rating
Fair

Built in 1955, this property shows signs of being aged but maintained. The kitchen features granite countertops, maple oak cabinets, and tile flooring, which appear to be from an older renovation (likely 15-25 years ago), making it functional but dated. The bathrooms are significantly outdated with older fixtures and tile work. While the home has hardwood flooring in some areas and appears generally maintained, the presence of multiple unpermitted bedrooms and an unpermitted ADU, combined with the 'AS-IS' sale condition, indicates that substantial updates and potential legal/permitting work would be required for a buyer to bring it to modern standards and compliance. It is livable but requires significant modernization and addressing the unpermitted structures.
Pros & Cons

Pros

Prime Location & Accessibility: The property is located in a prime area with excellent proximity to beaches, freeways, schools, hospitals, shopping, stadiums, and airports, offering convenience and strong connectivity.
Quiet Cul-de-sac Setting: Situated on a cul-de-sac, this home provides a safer, quieter environment with minimal traffic, which is ideal for families.
Expanded Living Space: The property offers significantly more living space than tax records indicate, boasting five bedrooms and a den, providing ample room for a large family.
Updated Kitchen Features: The kitchen has been updated with granite countertops, upgraded lighting, a ceiling fan, maple oak cabinets, tile flooring, a cooktop, and a wall oven.
Large, Versatile Backyard: A spacious backyard offers extensive potential for outdoor activities, gardening, children's play, and entertaining.

Cons

Extensive Unpermitted Additions: The property includes multiple unpermitted bedrooms and an unpermitted ADU in the detached garage, which presents significant legal and financial risks for the buyer.
As-Is Sale Condition: The property is being sold 'as-is,' with a disclaimer that the seller and agent may not be aware of all defects, placing the burden of potential repairs and hidden issues on the buyer.
Significant Valuation Discrepancy: The listing price is substantially higher than the property's estimated value, which may indicate overpricing or a need for a thorough appraisal to justify the asking price.

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