Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

11141 Franklin Street

Lynwood, CA, 90262

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$449,000

MLS: SB25149892

Beds

2

Baths

1

Sq Ft

944

Lot

0.11 ac

Year Built

1941

MLS #

SB25149892

Days on Market

0

Listed

Jul 3, 2025

Description

This property is a true fixer-upper and is being sold in as-is condition. It requires a complete renovation throughout, including all systems, finishes, and structural elements. Buyers should be prepared for significant repairs and improvements. Important Notice: For safety and liability reasons, no one is permitted to walk on the grounds or enter the property. The property has been secured, and access is strictly prohibited.

Location

Lynwood, Los Angeles County, CA 90262

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Listed by: Roger Hart · Forecast Realty Inc.

Payment estimate

$3,419

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $44,900 · Loan: $404,100

%
Principal & Interest
$2,483
Property tax (1.25%)
$468
Homeowners insurance
$300
Mortgage insurance
$168
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Lynwood home with as little as 3.5% down using an FHA loan — roughly $15,715 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Lynwood, CA 90262 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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