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Sold for $955,000
  • Listed by: Harvest Realtors, Inc. • George Wang • Contact: 866-454-4878
    Bought with: Harvest Realtors, Inc.
    Tax assessed value
    $955,000

    3706 Walnut Ave, Lynwood, CA 90262

    8beds
    4baths
    2,540sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $954,600 Zestimate®
    $376/sqft
    $2,068 Estimated rent

    Home value

    $954,600

    $859,000 - $1.06M

    $2,068/mo

    Zestimate® history
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    What's special

    Modern finishesStylish designExpansive lotLuxurious en-suite bathOpen-concept living spacesAmple outdoor spaceEnergy-efficient systems
    Stunning Fully Remodeled Home with Brand New ADU on Huge Lot – Perfect for High-Income Living or Investment! Welcome to this exceptional property, completely upgraded and located in a prime, central location near all major freeways! This unique estate features two beautiful homes on an expansive lot, offering endless possibilities for multi-generational living or rental income. The front house is a fully remodeled 3-bedroom, 2-bath residence, boasting all-new electrical and plumbing systems. No detail has been overlooked – from the open-concept living spaces to the modern finishes throughout, this home is perfect for comfortable, contemporary living. The primary suite includes a luxurious en-suite bath, creating a private retreat. Sitting on this huge lot is a newly constructed 4-bedroom, 2-bath ADU, completed just a year ago! With its own private entrance, this modern unit is ideal for generating extra income or providing space for family and guests. The ADU features stylish design, energy-efficient systems, and spacious living areas. Everything on this property – from the remodel to the new construction – has been done with permits, ensuring peace of mind and quality craftsmanship. Whether you want to live in one home and rent the other or secure dual rental income, this property offers a rare opportunity in today’s market. This home checks all the boxes and has ample outdoor space for entertaining or future expansion. Don’t miss out on this fantastic investment! Contact us today to schedule a viewing and see this property's incredible value!

    Zillow last checked:

    Listing updated:

    Listed by:

    George Wang DRE #01751924 310-347-1300,

    Harvest Realtors, Inc.

    Bought with:

    George Wang, DRE #01751924

    Harvest Realtors, Inc.

    Source: CRMLS,MLS#: SB24192708MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Kitchen
    • Features: Galley Kitchen
    Heating
    • Wall Furnace
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Quartz Counters, Stone Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Galley Kitchen, Main Level Primary
    • Flooring: Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,540
    • Total interior livable area: 2,540 sqft

    Property

    Parking
    • Parking features: Assigned
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,992 Square Feet
    • Features: 11-15 Units/Acre
    Details
    • Parcel number: 6173029008
    • Zoning: LYR1*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Copper Plumbing
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected

    Community & HOA

    Community
    • Features: Storm Drain(s), Street Lights, Suburban, Sidewalks
    Location
    • Region: Lynwood

    Financial & listing details

    • Price per square foot: $376/sqft
    • Tax assessed value: $955,000
    • Annual tax amount: $14,015
    • Date on market: 9/17/2024
    • Cumulative days on market: 77 days
    • Listing terms: Cash,Cash to New Loan
    • Total actual rent: 79608
    • Tenant pays: All Utilities
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/31/2024Sold$955,000-4.5%$376/sqft
    Source: CRMLS #SB24192708 Report a problem
    12/14/2024Pending sale$1,000,000$394/sqft
    Source: CRMLS #SB24192708 Report a problem
    11/21/2024Listed for sale$1,000,000$394/sqft
    Source: CRMLS #SB24192708 Report a problem
    10/21/2024Contingent$1,000,000$394/sqft
    Source: CRMLS #SB24192708 Report a problem
    9/17/2024Listed for sale$1,000,000+194.1%$394/sqft
    Source: CRMLS #SB24192708 Report a problem
    8/16/2023Listing removed--
    Source: Zillow Rentals Report a problem
    8/7/2023Listed for rent$3,149$1/sqft
    Source: Zillow Rentals Report a problem
    6/23/2020Sold$340,000-2.6%$134/sqft
    Source: CRMLS #PW20094302 Report a problem
    6/17/2020Pending sale$349,000$137/sqft
    Source: Beach Equities #PW20094302 Report a problem
    6/12/2020Price change$349,000-10.3%$137/sqft
    Source: Beach Equities #PW20094302 Report a problem
    5/18/2020Listed for sale$389,000$153/sqft
    Source: Beach Equities #PW20094302 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,015 +54.9%$955,000 +51.5%
    2024$9,049 +2.2%$630,255 +76.3%
    2023$8,856 +70.8%$357,398 +2%
    2022$5,185 +3.7%$350,391 +2%
    2021$4,999 +335.1%$343,521 +546.5%
    2020$1,149 $53,132 +2%
    2019$1,149 +5.2%$52,091 +2%
    2018$1,092 $51,071 +2%
    2017$1,092 +0.1%$50,071 +2%
    2016$1,091 +6.9%$49,090 +1.5%
    2015$1,021 +2.7%$48,353 +2%
    2014$994 $47,407 +2.5%
    2012-- $46,268 +2%
    2011-- $45,362 +0.8%
    2010-- $45,024 -0.2%
    2009-- $45,132 +2%
    2008-- $44,248 +2%
    2007-- $43,381 +2%
    2006-- $42,531
    2005-- $42,531 +4%
    2004-- $40,882 +1.9%
    2003-- $40,134 +2%
    2002-- $39,348 +4%
    2000-- $37,821
    Find assessor info on the county website

    Neighborhood: 90262

    Nearby schools

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    Estimated market value
    $954,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $954,600