$974,900
Original list price: $999,900
MLS: DW26188582
Beds
—
Baths
—
Sq Ft
2,922
Lot
0.21 ac
Year Built
1950
MLS #
DW26188582
Days on Market
49
Listed
Aug 27, 2026
Description
PRICE IMPROVEMENT! CASH COW WITH STRONG RENTAL INCOME POTENTIAL! FULLY VACANT AT CLOSE OF ESCROW! This LYNWOOD MULTI-UNIT PROPERTY features TWO DETACHED BUILDINGS with 2,922 SQ FT on an 8,962 SQ FT LOT. Live in one and rent out the others to help cover your mortgage! The owner-occupied FRONT HOUSE offers 5 BEDROOMS / 2 BATHROOMS and will be delivered vacant at closing. The REAR BUILDING offers 4 BEDROOMS / 3 BATHROOMS, currently divided into three living spaces: a vacant 2 BED / 1 BATH, a vacant 1 BED / 1 BATH, and a tenant-occupied studio whose occupant is willing to stay or move depending on buyer(s). Interior divisions are unpermitted. Features include a NEWER ROOF and PARKING FOR 10+ VEHICLES. Eligible for NO PMI FINANCING and UP TO $20,000 IN GRANT ASSISTANCE for qualified owner-occupant buyers, subject to lender approval. Conveniently located near schools, shopping, St. Francis Medical Center, Plaza México, and major freeways. GREAT OPPORTUNITY FOR INVESTORS, MULTIGENERATIONAL LIVING, OR BUYERS LOOKING TO BUILD WEALTH THROUGH REAL ESTATE!
Location
Lynwood, Los Angeles County, CA 90262
Open on Google Maps ↗Listed by: Marvin Garcia · ROA California Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$7,756
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $97,490 · Loan: $877,410
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,075
- Property tax (1.25%)
- $1,016
- Homeowners insurance
- $300
- Mortgage insurance
- $366
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $34,122 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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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.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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