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3701 Fernwood Ave, Lynwood, CA, 90262

$1,360,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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3701 Fernwood Ave, Lynwood$1,360,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCarport
Year Built1961
MLS #SW24252735
Lot Size0.15 Acres
StatusActive

About 3701 Fernwood Ave

Fully renovated VACANT two-story front unit with fireplace. VACANT UNIT IS MOVE IN READY. CASHFLOW! CASHFLOW! CASHFLOW! This property checks all of the boxes for an investor or owner occupant. Over 4,094sq.ft. 4-unit complex. Two 3 bed / 2 bath and two 2 bed / 1.5 bath. Each unit has carport parking space with storage. Great location, few blocks away from Plaza Mexico. 1 section 8 tenant, hurry, this will not last. Agent is on Title.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Stories: 2

Listing Office:

  • Office Name: Signature Realty & Loans
  • Office Phone: (562) 291-8195
  • Listing Agent: Juan Haro

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Close to 105 fwy and Bullis Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,360,000

Tax Information:

  • Annual Amount: $10,604
  • Tax Year: 2021
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Housing Market Comparison

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

Med. List Price

$674.9K

Med. Price/SqFt

$548

Avg. Days On Market

85

# of Sold Homes

6

3701 Fernwood Ave vs Lynwood

1 DAY ON ROCKET

-84 Days

$1,360,000

+$685K More

KEY TAKEAWAY

This property is $685K more than the Median List Price in Lynwood, CA.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SW24252735

Listing Office:

  • Office Name: Signature Realty & Loans
  • Office Phone: (562) 291-8195
  • Listing Agent: Juan Haro

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: 12/21/2024, 9:21:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 11, 2016Home Sold
$660,000
Mar 05, 2001Home Sold
$242,500
Mar 17, 1997Home Sold
$275,000
Sep 26, 1996Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,604$707,652
2020$10,848$700,397
2019$10,030$686,664
2018$10,131$673,200
2017$10,131$660,000

History based on county public records data.

Payment Calculator

$6,855

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,144

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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.

Nearby Schools

school-card-donut-684051
4
/10
  • Wilson Elementary School

  • 11700 School St

  • 0.21 miles

  • Public District Grades KG-6

school-card-donut-684052
5
/10
  • Rosa Parks Elementary School

  • 3900 Agnes Ave

  • 0.42 miles

  • Public District Grades KG-6

school-card-donut-684053
5
/10
  • Lindbergh Elementary School

  • 3300 Cedar Ave

  • 0.65 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,333. Residents of Lynwood, CA typically earn between $35k-100k each year. Typical family type is married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLynwood902623701 Fernwood Ave

This home is located at 3701 Fernwood Ave in Lynwood, CA and zip code 90262 in the The Southeast neighborhood. This home, which was built in 1961, sits on a 0.15 acre lot. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $1,360,000.

While the average time on the market in November 2024 was 85 days, the median list price was $674,949.

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

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