3955 Agnes Ave, Lynwood, CA 90262

Aug 4

Written By Jake Glaser

Duplex in Lynwood on a 6,400 SF Corner Lot | 5-Property, $5.3M 1031 Exchange in DSTs

Sold: $839,500

Property Highlights

Charming duplex in Lynwood on a 6,400 SF corner lot
5th and final sale of as part of a five-property, $5.3M 1031 exchange into Delaware Statutory Trusts (DSTs)
Generated multiple offers and sold for 100% of list price
Vacant back 2-bedroom / 1-bathroom + Den and a private backyard
Sold to local owner-user buyer who grew up in the area
Front unit is an occupied 2-bedroom / 1-bathroom unit
Two detached garages; (1) two car & (1) one car garage
Units are individually metered for gas & electric
Strong potential to add a detached ADU (Buyer to verify)
Recent capital improvements include: updated electrical sub-panels throughout, recessed lighting (front unit) & updated an bathroom (front unit)
Residential neighborhood is walkable and close to both Rosa Parks Elementary and Lynwood high school
Not subject to local rent control, falls under California State AB 1482 (5% + CPI)

The Deal Story

The Glaser Group is proud to announce the closing of 3955 Agnes Avenue in Lynwood, CA — a charming duplex situated on a 6,400 SF corner lot in a walkable residential neighborhood near local schools.

The property sold for $839,500 at full list price and is comprised of two 2-bedroom / 1-bathroom units, with the rear unit featuring an additional den and delivered vacant.

This transaction marked the fifth and final property The Glaser Group has sold this year for the Seller, as a part of a five-property, $5.3M 1031 exchange into passive Delaware Statutory Trusts (DSTs).

This portfolio exchange represents a major milestone for our client as they transition from active management into more passive, income-generating investments aligned with their long-term goals. The Seller’s continued loyalty to our team was driven by listing strategies that consistently delivered real results.

Within one week on the market, we generated multiple offers and opened escrow with a local investor, represented by an outside agent, who plans to occupy the vacant unit with his family.

If you’re considering a sale or acquisition, contact The Glaser Group at (310) 230-5157.