3037 Flower St, Lynwood, CA 90262
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3037 Flower St Lynwood, CA 90262

$925,000 Sold Price as of 07/25/2023
  • 6 Beds
  • 4 Baths
  • 2,416 Sq.Ft.
Sold
$925,000 Sold Price as of 07/25/2023 Refinance Your Mortgage

Map preview of 3037 Flower St, Lynwood, CA 90262

Property Overview: 3037 Flower St Lynwood, CA has 6 bedrooms, 4 bathrooms, 2,416 living square feet and 6,502 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: CALLING ALL INVESTORS, RECENTLY UPGRADED TRIPLEX WITH POSITIVE CASH FLOW. This lovely triplex has been owned and operated by the same family since 1982. Investment ready turnkey property offers low maintenance and full occupancy with cooperative and reliable tenants. Located on a quiet residential cul-de-sac this three unit gem is ready for its new ownership. The front unit is a freestanding single family Craftsman, built in 1925 with tons of modern upgrades. Featuring 2 bedrooms and one full bath, enclosed porch and sun room. This historic home has new paint inside and out, whole house water filtration system, new flooring, newer roof, new plumbing, new wifi A/C window units and brand new water heater. The second building is a good sized duplex built in 1963. It is comprised of two 2 bedroom and 1.5 bath units. Boasting fresh paint inside and out, tile flooring downstairs and newer laminate flooring in both units upstairs. Both units have new low flow toilets, new wifi A/C units and new lighting. All three units are individually metered and each feature individual laundry hook ups, plus private patio areas. To the rear of the property is a 3 car garage with new garage doors offering each unit its own single car garage. This large rear garage may have the ability to be expanded by adding an ADU. In addition to the garages there is more on site parking. Finally the exterior of the property has been recently equipped with new outdoor solar lighting and new fire extinguishers. Centrally located to the 105, 710 and 91 freeways, plus blocks just from Plaza Mexico, restaurants, shops and more. This income producing gem with not last long, so submit your best offer today!

Listed by Jennifer Harris | BRE #01798819 | The Shire Real Estate Group
Last checked: 2 minutes ago | Last updated: July 25th, 2023 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
6,502
HOA Dues
$0/mo
Year built
1963
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
PW23090998
City
Lynwood
County
Los Angeles
Time on Site
297 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,800
  • Net Operating Income: $62,361
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,439
  • Trash: $1,080
  • Insurance: $1,390
  • Water/Sewer: $1,728

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Property Details for 3037 Flower St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside, Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Gas Range, Water Heater
Interior Features
  • Copper Plumbing Partial
  • Levels: Two
  • Window Features: Insulated Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Composition, Rolled/Hot Mop, Shingle
  • Has Fence
  • Wire, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Assigned, Driveway, Concrete, Garage, Off Street
Lot Information
  • Lot Features: Cul-De-Sac, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6169008014
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Entry Level: 1
  • Foundation Details: Raised, Slab
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: From I-105 W exit Long Beach Blvd and turn right, then turn left on E Imperial Hwy and a left onto State St. then at the roundabout, take the first exit onto Flower St, destination is at the end of cul-de-sac on right.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Park
View more facts & features

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Sale History for 3037 Flower St

Last sold for $925,000 on July 25th, 2023
  • July, 2023

  • Jul 25, 2023

    Date

    Sold

    CRMLS: PW23090998

    $925,000

    Price

  • Jun 2, 2023

    Date

    Active

    CRMLS: PW23090998

    $989,000

    Price

  • May, 2023

  • May 4, 2023

    Date

    Expired

    CRMLS: CV23002004

    $949,900

    Price

  • Jan 5, 2023

    Date

    Active

    CRMLS: CV23002004

    $949,900

    Price

  • Listing provided courtesy of CRMLS

    Back on the market!!! One unit is now vacant!!! Best Triplex property located on a Cul-De-Sac. Currently tenant occupied and current owner has never had vacancies. One unit will be deliverd Vacant!! Perfect for owner occupied and renting two other units. Property includes: New hardwood floors, new window a/c units, new paint outdoor, and indoor. 2 rear units two story with One and a half bath and washer dryer hookups. Units have two LARGE beds and 1 full bath upstairs. Each unit has 1 garage space as well as plenty of parking space within the property. Front house was built in 1925. Property may qualify for the Mills Act- buyer to verify. Full property 3 stage water filtration system. Outdoor lighting is provided by solar lights. Owner pays trash and water only, no maintenance no gardner. Within close proximity to many businesses and shops in Plaza Mexico.

  • March, 2016

  • Mar 9, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3037 Flower St

Assessed Value (2020): $96,255
Year Land Value Improved Value Assessed Value
2020 $42,843 $53,412 $96,255

Home Value Compared to the Market

This property vs the competition

3037 Flower St sold on July 25, 2023 for 52.15% higher than the current median sold price for the city of Lynwood which is $650,000. The median sold price per/sqft for Lynwood is $568 and this home is sold at $409.35 per/sqft which puts the price per square foot 27.93% lower than the current median sale per square foot for the city of Lynwood.

About 3037 Flower St

Detailed summary of property

3037 Flower St is a triplex that recently sold in Lynwood, CA 90262. This triplex offered 6 bedrooms, 4 bathrooms, roughly 2,416 living square feet, and sits on an approximately 6,502 square foot lot. 3037 Flower St was first listed on ArdentRealEstateGroup.com on June 6, 2023. The homeowner sold the property for $925,000. Home in Lynwood are selling for a median price of $650,000 and a median price per square foot of $568. Based on Ardent Real Estate Group's Lynwood Market Data, this home is sold 52.15% higher than the current median priced home. Local homes that are currently for sale include 913 E 87th St, 1128 E 82nd St and 1142 Nadeau St. While the average home in Lynwood, CA is selling in 30 days, 3037 Flower St has a days on market of 5 days. There are currently 20 homes for sale in the Lynwood real estate market and 20 of them are single family homes while 0 of them are condos and 0 are townhomes. For more information on this home for sale at 3037 Flower St Lynwood, CA 90262 contact Ardent Real Estate Group and we will put you in touch with one of our Lynwood agents.

Public Facts for 3037 Flower St

Public county record property details
Beds
6
Baths
4
Year built
1963
Sq. Ft.
2,416
Lot Size
6,502
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23,24
APN
6169-008-014

The source for these homes facts are from public records.

90262 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$675,000
Median List Price/Sq.Ft.
$479
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
19
Median Sale to List Price %
100%
Avg Days on Market
16
Loan Type
Conventional (75%), FHA (25%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.