Under ContractSingleFamilyResidence

3165 Oakwood Avenue

Lynwood, CA, 90262

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$679,000

MLS: OC26056413

Beds

3

Baths

2

Sq Ft

1,660

Lot

0.15 ac

Year Built

1950

MLS #

OC26056413

Days on Market

29

Listed

Mar 15, 2026

Description

Centrally Located Lynwood 3 Bedroom 2 Bathroom Versatile Home With Detached Garage With Recording Studio Conversion And Flexible Addition Space – Ideal For Creative, Possible Rental, Or Future Development Use! Utilize The Large 6,497 Sq Ft Lot For Functional Living And Entertaining Suitable For Both Owner Occupants And Investors Seeking ADU Potential In Strong Rental Market. Featuring A Long Driveway, Gated Back Parking, Detached 2 Car Garage (Currently Converted), Covered Patio Area, And Landscaped Backyard, This Home Can Accommodate Multi-Generational Living And Anyone Seeking Privacy And Personal Space For Enjoying With Family And Friends. Step Inside The Covered Entry Way Into The Spacious Living Room With Adjacent Dining Area And Kitchen With Granite Counter Tops And Stainless Steel Appliances With Abundant Light Facing The Front Of House. Kitchen Also Has Door Opening Up To The Side Patio Within Gated Yard With Connected Laundry Area. Down The Hallway Are 3 Expansive Bedrooms, And 2 Full Bathrooms. One Bedroom Has An Attached Flex Room. Primary Suite Has Primary Bathroom. Family Room / Den Opens Up With Sliding Doors To Covered Side Patio With Access To The Enclosed Back Yard With Grass And Paved Concrete Next To Detached Garage Which Is Now Use As Recording/Music Studio And Bedroom. Behind The Garage Conversion Is An Additional Studio Space. Convenient Location To Regional Freeways, Local Shopping Corridors, And Employment Centers With Value Add Potential! Must See Opportunity, TEXT Listing Agent Now!

Location

Lynwood, Los Angeles County, CA 90262

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Listed by: Justin Yee · eXp Realty of Southern California, Inc

Payment estimate

$5,017

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $67,900 · Loan: $611,100

%
Principal & Interest
$3,755
Property tax (1.25%)
$707
Homeowners insurance
$300
Mortgage insurance
$255
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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 $23,765 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.

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