12424 Atlantic, Lynwood, CA 90262
Property
Sold September 2026
Listing Agent: Jackson Jorgensen (DRE #02022727) · Listing Office: Younglewin Advisors, Inc. · Contact: jack@younglewin.com · Bought with: NONE NONE · None MRML · MLS #PW26137735 · Source: CRMLS
How this sale compares
12424 Atlantic sold for $4,125,000 in September 2026, 18% under its $5,000,000 list price, after 54 days on the market. Across 71 closed sales in 90262 over the last 12 months, the median sold price is $710,000 and the median is $557 per square foot.
| Quarter | Closed sales in 90262 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $712,500 |
| Q2 2026 | 32 | $705,000 |
| Q3 2026 | 24 | $705,000 |
| Q4 2026 | 7 | $830,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Lynwood · Homes for sale in 90262
Description
We are pleased to present 12424 Atlantic Ave, a 34-unit multifamily investment opportunity built in 1958 in the city of Lynwood. The property offers a unit mix of twenty-six one-bedroom/one-bath units, six studios, and two two-bedroom/one-bath units, with units averaging approximately 600 square feet — notably larger floor plans than the typical one-bedroom product in this market. 34 parking surface parking spaces are located behind the building. The offering has massive value-add upside: in-place rents currently sit approximately 67% below market. The City of Lynwood has no municipal rent control ordinance, leaving the asset governed solely by California's AB-1482, which permits annual increases of up to 8.7% (effective August 1, 2026). Centrally located in Lynwood just two blocks from Janie Abbott Elementary School and adjacent to an established single-family neighborhood. Additionally, the property is two minutes away from the 710 and 105 freeways, making this a great commuter location for tenants.
Listing description from the September 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 12424 Atlantic
12641 Antigua Court: Sold $618,000 · 3 bd · 3 ba · 1,588 sqft · Sep 2026 · 0.1 mi
Coldwell Banker Realty | DRE #01721864
Buyer's agent: Raul Vega, Bankers Investment Group Inc. | DRE #0187002912690 Antigua Court: Sold $620,000 · 4 bd · 3 ba · 1,737 sqft · Jul 2026 · 0.2 mi
Coldwell Banker Envision | DRE #01783171
Buyer's agent: Jose Sanchez Rosales, Downtown, REALTORS | DRE #019302674815 Olanda: Sold $870,000 · 5 bd · 4 ba · 1,931 sqft · Oct 2026 · 0.2 mi
First Investments Realty & Mortgage | DRE #01477818
Buyer's agent: Elvira Hernandez, VIP RE Firm | DRE #0118958112029 2nd Avenue: Sold $645,000 · 3 bd · 1 ba · 1,213 sqft · Jun 2026 · 0.3 mi
CENTURY 21 REALTY MASTERS | DRE #01384351
Buyer's agent: Rosio Castaneda, First Class Platinum Brokers | DRE #021777824242 Lavinia Avenue: Sold $760,000 · 4 bd · 2 ba · 1,800 sqft · Jul 2026 · 0.3 mi
Compass | DRE #01492040
Buyer's agent: Ronald Morales, Century 21 Allstars | DRE #017061544221 Alvada: Sold $800,000 · 4 bd · 2 ba · 1,674 sqft · Apr 2026 · 0.3 mi
Century 21 Jervis & Associates | DRE #01432189
Buyer's agent: Juan Carrera Jr, eXp Realty of Greater L.A | DRE #015072085230 Lavinia Ave: Sold $720,000 · 3 bd · 1 ba · 1,056 sqft · May 2026 · 0.3 mi
Sunrise Realty & Home Loan | DRE #02347999
Buyer's agent: Susana Godinez, Century 21 Allstars | DRE #0188233712626 Harris: Sold $730,000 · Jul 2026 · 0.4 mi
Henry Wallace | DRE #01729574
Buyer's agent: Henry Wallace, Henry Wallace | DRE #01729574
Closed sales reported in 90262, nearest first, last 12 months. All recent sales in Lynwood →