3951 Agnes Ave, Lynwood, CA 90262

Aug 1

Written By Jake Glaser

Duplex with Vacant Front House | Sold Above List Price

Sold: $955,000

Property Highlights

Duplex in Lynwood on an oversized 11,797 SF lot
Generated seven offers within the first week of listing
Sold for 5.97% Cap Rate & 11.37 GRM
VACANT front 2BR/1BA house perfect for owner occupy
Sold above list price!
Back house is an occupied 3-bed/2-bath paying $3,500
Each structure has an attached 2-car garage
Private yards for both units ; Units individually metered for gas & electricity
Strong potential to add 1-2 ADUs (Buyer to verify)
Significant capital improvements in the last 12 months include new windows throughout both houses, a new roof on the back house, fresh exterior paint, new bathroom tiling, fixtures and recessed lighting

The Deal Story

The Glaser Group is pleased to announce the sale of 3951 Agnes Avenue, marking our 19th closing so far for 2025! This rare duplex located in the heart of Lynwood, CA is set on an oversized 11,797 square foot lot. The property features two fully detached single-family homes—one vacant and ideal for an owner-user, the other tenant-occupied and generating $3,500 per month. With private yards, attached garages, separate utility meters, and development potential, the property offered a compelling mix of income and upside.

The Glaser Group launched a targeted marketing campaign and generated seven offers within the first week. The property ultimately closed above list price at $955,000, equating to $354.62 per square foot and 11.37 GRM—a strong result in a competitive market.

The Seller, a local investor, had recently completed extensive renovations and saw this as the right time to exit. After successfully executing their business plan, they plan to complete a 1031 exchange into a more passive asset type. The Glaser Group ran a smooth, competitive process to help them maximize proceeds and transition into the next phase of their investment strategy.

The Buyer, an experienced investor, was drawn to the property’s strong in-place income, low deferred maintenance, and long-term growth potential. They intend to hold and optimize the asset over time.

If you’re considering a sale or purchase, contact The Glaser Group at (310) 230-5157. Let’s talk about how we can help you achieve your investment goals.