REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$875,000

Est. payment - /mo

5 Beds

2 Baths

1,878 SqFt

Save

Open House

Sat Nov 07, 10:00am - 2:00pm

Sun Nov 08, 10:00am - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,878 sqft

Price per Sqft $465

MLS Listing ID 26104733

Bedrooms 5

HOA Y/N No

Year Built 1948

Lot Size 6,311 Sqft

Property Description

A MUST SEE. Two on One lot for the first time in 50 years. Welcome to 3117 Oakwood Avenue, an exciting opportunity offering income potential, ownership flexibility, and long-term value in Lynwood. With two residences on one lot, this property offers options for investors, and those considering multigenerational living. The two-residence configuration provides flexibility to accommodate different ownership goals. Continue operating the property as a rental investment, explore occupying one residence while leasing the other, or plan for extended-family living, subject to existing tenancies and applicable requirements. Separate living spaces offer privacy while keeping both residences within one property. For investors, 3117 Oakwood Avenue presents an opportunity to establish or expand a residential rental portfolio. For owner-users, it offers the possibility of combining homeownership with rental income. ALREADY RENOVATED- Owner has rewired the electrical system, installed new gutters, updated flooring, etc. Whether your priority is rental income, shared family living, or building equity through real estate, 3117 Oakwood Avenue deserves a closer look. The front house is one level and has 3 bedrooms and 1 bath. The back apartment is upstairs over the carport has 2 bedrooms and 1 bath. There is ample private parking for approx 10-12 cars. This is a rare gem. DO NOT DISTURB TENANTS.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYR1YY

Interior

Interior Features Ceiling Fan(s)

Heating Central

Fireplaces Type None

Fireplace No

Appliance Refrigerator, Dryer

Laundry Outside

Exterior

Parking Features Covered, Carport, Door-Single, Driveway, Garage, Uncovered

Garage Spaces 1.0

Carport Spaces 6

Garage Description 1.0

Pool None

Amenities Available Outdoor Cooking Area, Picnic Area

View Y/N Yes

View City Lights

Total Parking Spaces 12

Private Pool No

Building

Entry Level One,Two

Architectural Style Mid-Century Modern

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 6170037036

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Lyric Joseph-Armstrong LA Realty & Development #01833678

Nearby School & Business

Get More Information

Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

3117 Oakwood AVE Lynwood, CA 90262

Jessica Panzica

Open House

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information