3706 Walnut Avenue

Lynwood, CA 90262

$1,000,000
Price
8
Beds
4
Baths
2,540 Sq. Ft.
$394 / Sq. Ft.
2,540
Sq. Ft.
$394
per Sq. Ft.

Description

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...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!
  1. Listed by George Wang • DRE #01751924 • Brokerage DRE #01958643 • Harvest Realtors, Inc. • 310-347-1300

Property Details for 3706 Walnut Avenue

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2540
LISTING UPDATED: 11/21/2024 07:07 AM

Property Details for 3706 Walnut Avenue

StatusActive
MLS #SB24192708
Days on Market66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.18 AC / 7,992 SF
CountyLos Angeles County

Building Information for 3706 Walnut Avenue

Stories1Residences-Year Built1940Building Size-Lot Size0.18 AC / 7,992 SF

Property Information for 3706 Walnut Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $79,608
  • Gross Scheduled Income: $79,608
  • Net Operating Income: $74,908
Expense Details
  • Operating Expense: $4,700
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,500
  • Trash Expense: $1,200
  • Water Sewer Expense: $0
  • Total Expenses: $4,700
Tax / Assessment Info
  • Tax Tract Number: 3335
  • Tax Census Tract: 5402.03
  • CFD/Mello-Roos Fee: $600
  • Tax Lot: 1269
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: Inside, None
  • Interior Features: Copper Plumbing Full, Quartz Counters, Recessed Lighting, Stone Counters
  • Room Type: All Bedrooms Down, Entry, Family Room, Galley Kitchen, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Kitchen Features: Stone Counters, Galley Kitchen
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Vinyl
Exterior Features
  • Roof: Asphalt
  • Entry Location: 1
  • Fence: No
  • Fence: None
  • Fencing: None
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected
  • Electric: Cable Available, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $3,149
  • Unit Type Total Rent: $37,788
  • Unit Type Pro Forma: 42000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $3,485
  • Unit Type Total Rent: $41,820
  • Unit Type Pro Forma: 46800
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 3706 Walnut Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3706 Walnut Avenue

Taxable ValueLand$346,887Additions$10,511Total$357,398
Tax Record2023$8,856 ($738 / month)
Home Facts
Beds3Total Finished SqFt998 SqFtAbove Grade Finished SqFt998 SqFtStories1Lot Size7,990 SqFtStyleSingle Family ResidenceYear Built1940ZoningLYR1*CountyLOS ANGELESAPN6173-029-008

Schools near 3706 Walnut Avenue

This home is within Lynwood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Wilson Elementary School
PublicK to 6

Hosler Middle School
Public7 to 8

Lynwood High School
Public9 to 12

Pathway Independent Study School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

3706 Walnut Avenue is a multi-family home for sale in Lynwood, CA 90262. This property was listed for sale on September 17, 2024 by Harvest Realtors, Inc., it's currently listed at $1,000,000. It has been on the market for a total of 66 days and was last sold on June 23, 2020. This listing's school district is Lynwood Unified School District. Nearby schools include Wilson Elementary School, Hosler Middle School and Lynwood High School. 3706 Walnut Avenue is a 8-bed, 4-bath, 2,540 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Harvest Realtors, Inc., George Wang, DRE #01751924

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.