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10942 Standard Ave, Lynwood, CA, 90262

$997,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,373 SqFt
$726/SqFt
House

Location

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10942 Standard Ave, Lynwood$997,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1941
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
MLS #24440299
Lot Size0.13 Acres
StatusActive

About 10942 Standard Ave

ATTENTION INVESTORS !!!!!!Discover a prime investment opportunity in the vibrant city of Lynwood. This fully remodeled property features two fully leased and furnished units, offering immediate cash flow and long-term potential. Unit 1:Size: 3 Bedrooms, 2 Bathrooms Current Lease: $3,748/month. Unit 2:Size: 2 Bedrooms, 1 Bathroom Current Lease: $2,424/month. Both units are currently leased, ensuring a steady rental income from day one. The property is ideally situated in a thriving area of Lynwood, close to essential amenities, schools, and transportation links, making it a highly desirable location for renters. Whether you're an experienced investor or looking to start building your real estate portfolio, this property offers a solid foundation with its reliable rental income and well-maintained condition. Don't miss this chance to secure a valuable asset in a growing community! PLEASE DO NOT DISTURB TENANTS!!!!!!!!!

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 1
  • Living Area: 1,373 SqFt

Listing Office:

  • Office Name: Realty Group Advisors
  • Office Phone: (323) 273-1457
  • Listing Agent: Destiny Guerra

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring Type: Laminate
  • Interior: Separate/Formal Dining Room
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lynwood High School, Public District Grades 9-12
  • Hosler Middle School, Public District Grades 7-8
  • Lugo Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Heading south bound on the 710 fwy take exit 12B toward Imperial hwy/ Lynwood, continue onto Abbott Rd then turn left onto Standard Ave, property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $997,000
  • Price Per SqFt: $726/SqFt

Tax Information:

  • Annual Amount: $2,360
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lynwood, CA.

Med. List Price

$679.8K

Med. Price/SqFt

$540

Avg. Days On Market

71

# of Sold Homes

5

10942 Standard Ave vs Lynwood

30 DAYS ON ROCKET

-41 Days

$997,000

+$317.1K More

$726/SqFt

+$185 More

KEY TAKEAWAY

This property is $317.1K more than the Median List Price and $185/SqFt more than other homes in Lynwood, CA.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24440299

Listing Office:

  • Office Name: Realty Group Advisors
  • Office Phone: (323) 273-1457
  • Listing Agent: Destiny Guerra

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/18/2024, 12:55:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,360$141,599
2020$2,398$140,148
2019$2,174$137,401
2018$2,194$134,708
2017$2,194$132,068

History based on county public records data.

Payment Calculator

$5,043

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,056

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-590759
2
/10
  • Lugo Elementary School

  • 4345 Pendleton Ave

  • 0.52 miles

  • Public District Grades KG-6

Middle School

school-card-donut-590760
3
/10
  • Hosler Middle School

  • 11300 Spruce St

  • 0.68 miles

  • Public District Grades 7-8

High School

school-card-donut-590761
5
/10
  • Lynwood High School

  • 4050 E Imperial Hwy

  • 0.24 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,826. Residents of Lynwood, CA typically earn between $35k-100k each year. Most families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10942 Standard Ave

What is the listing price of this property?

The listing price of 10942 Standard Ave property is $997,000.

What type of property is this?

The property 10942 Standard Ave is a house located in Lynwood, California, 90262.

Is this property for sale now?

Active Listing: 10942 Standard Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 10942 Standard Ave are:
Lugo Elementary School: GreatSchools Rating 2/10
Hosler Middle School: GreatSchools Rating 3/10
Lynwood High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,360 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 10942 Standard Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 10942 Standard Ave is 1,373 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10942 Standard Ave is 1941.

Rocket HomesCaliforniaLos Angeles CountyLynwood9026210942 Standard Ave

This home is located at 10942 Standard Ave in Lynwood, CA and zip code 90262 in the The Southeast neighborhood. This 1,373 square foot home, which was built in 1941, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $997,000.

The number of listings in Lynwood, CA increased by 4.3% between August 2024 and September 2024. In September 2024, listings were on the market for 71 days. During the same period, the median list price in this real estate market was $679,888.

From Rocket Homes Real Estate and based on county public records data.

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