3951 Agnes Ave, Lynwood, CA 90262

Duplex with Vacant Front House on 11,797 SF Lot

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$949,500

Property Highlights

Duplex in Lynwood on an oversized 11,797 SF lot
VACANT front 2BR/1BA house perfect for owner occupy
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 Opportunity

The Glaser Group is pleased to present 3951 Agnes Ave in Lynwood, an incredible owner-user duplex opportunity comprised of two detached single-family homes, sitting on a massive 11,800 SF lot. The front house is a VACANT 2-bedroom / 1-bathroom home, and the back house is a tenant-occupied 3-bedroom / 2-bathroom, with a total of 2,693 SF built in 1938. The 2-bedroom front house was renovated this year with recessed lighting in the living room & kitchen, a fresh coat of paint, and a remodeled bathroom with brand new shower tiling & new fixtures. The back structure has also been fully remodeled in recent years with upgraded kitchens, bathrooms and flooring. Each structure has an attached two-car garage and a private yard, and both units are individually metered for gas & electricity.

The property has seen several significant capital improvements within the last 12 months, including brand-new windows across both houses, a new roof on the back house, upgraded furnaces in both houses, and new exterior paint on both houses. The property provides investors with very strong in-place rents but also lends itself well to owner-occupiers looking to live in the front house and collect rents from the back house. Offered at a low price of $358/SF, the property has excellent curb appeal, and the large lot of nearly 12K Sq Ft provides the opportunity to add at least 2 attached or detached ADUs (Buyer to verify).