tomo logo

$860,000

Beds
5
Baths
3.75
sq ft
2,324

11363 Virginia Ave, Lynwood, CA 90262

11363 Virginia Ave

Lynwood, CA 90262

  • 198 days on market
    • Price drop $15,000↓
Welcome to a rare opportunity for savvy investors! This well maintained duplex in Lynwood offers not only a comfortable living space but also a steady stream of income. Located in a prime area, this property is a gem for those looking to make a smart real estate investment. This duplex offers one large house with 3 bedrooms 2 bathrooms, large family room, dining area, laundry room, large den or bonus room, central air, and plenty of storage space. The second house offers 2 bedrooms, 1 bathroom, large kitchen and ample storage space. This property also features a separate two-car garage building. This property has new roofs on both houses and garage, new gas lines throughout, new windows on the front, and newer water heaters. Don't miss out on the chance to own a piece of Lynwood's promising real estate market. Whether you're a seasoned investor or someone looking to maximize the value of their property, this income-producing duplex is a must-see.

Details

Property type

Single Family Residence

Est. home value

$712,701

Lot size

6,969.6 sq ft

Price per sq ft

$371

Year built

1944

Price History

06/21/2024
Antelope

Antelope #23008755

Price change
$860,000
-1.71%
05/30/2024
Antelope

Antelope #23008755

Price change
$875,000
-11.17%
04/18/2024
Antelope

Antelope #23008755

Price change
$985,000
-0.61%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

American Advisors Group

Loan start date

January 2018

Original loan amount

$945,000

Est. remaining balance

Not provided

Interest rate

4.72%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Claudie M Davis and Curtis A Davis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/03/2024 at 9:45 AM

Listing updated: 06/21/2024 at 10:04 AM

Listed by: Shelly Martinez, Shelly Self, RE/MAX All-Pro Phone #: (661) 945-9461

MLS: Antelope #23008755

Antelope logo

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