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Sold for $1,120,000 · Sep 2020

SOLD

Listed at $1,140,000

Sold

3306 Palm Avenue, Lynwood, CA 90262

Lynwood, CA

MLS# PW20137322

3,816 Sq Ft • Property
20 days on market

Listing Agent

Steven Bogoyevac

Listing Agent

Steven M. Bogoyevac, Broker

DRE #: 01332755

Brokerage: Steven M. Bogoyevac, Broker

Property Details

N/A

Bedrooms

N/A

Bathrooms

3,816 sqft

Square Feet

1964

Year Built

8,153 sqft

Lot Size

$294

Price/Sq Ft

6

Garage Spaces

N/A

HOA

Property

Property Type

Description

3306 Palm Avenue offers a highly desirable mix of one two-bedroom/one-bath house and a rear triplex with all three-bedroom/one-bath units. The units are separately metered for gas and electricity and have in-unit laundry hookups. The property also features an automatic gate for controlled access, four single-car garages, one two-car garage, and a tandem surface parking space in front of each garage. 
 
 Recent improvements to the property include a brand new roof for the house, and one of the three-bedroom units is currently being renovated. 3306 Palm Avenue is located just west of Long Beach Boulevard one block from Helen Keller Elementary and conveniently near shopping and the 105 Freeway.
 
 This offering presents an excellent opportunity to acquire an asset with a sought-after unit mix in a strong rental market and capture 20 percent rental upside.

Listing description from the September 2020 sale, as reported to CRMLS.

Sale history for 3306 Palm Avenue

3 recorded sales

$1,120,000
Sold September 2020 · listed $1,140,000, on market July 2020, 20 days on market · MLS #PW20137322 · Source: CRMLS
Listing Agent: Steven Bogoyevac · Listing Office: Steven M. Bogoyevac, Broker · Contact: 562-436-5800 · Bought with: Douglas Snell · Moylan Realty Group, Inc
$860,000
Sold November 2017 · listed $800,000, on market October 2017, 6 days on market · MLS #DW17243870 · Source: CRMLS
Listing Agent: Jaime Bermeo · Listing Office: Keller Williams Pacific Estate · Contact: 562-513-7800 · Bought with: Carlos Janer · USA Realty & Loans
$587,000
Sold September 2013 · listed $599,000, on market April 2013, 20 days on market · MLS #13668217 · Source: CRMLS
Listing Agent: Danielle Hoston · Listing Office: Keller Williams Studio City · Contact: 818-432-1500 · Bought with: Jaime Bermeo · Keller Williams Realty Downey

How this sale compares

3306 Palm Avenue sold for $1,120,000 in September 2020, 1.8% under its $1,140,000 list price, after 20 days on the market. Across 76 closed sales in 90262 over the last 12 months, the median sold price is $712,500 and the median is $569 per square foot.

$569
90262 median per sq ft (12 mo)
$712,500
90262 median sold price (12 mo)
76
Closed sales in 90262 (12 mo)
20
Days on market
−1.8%
Sold vs. list price
QuarterClosed sales in 90262Median sold price
Q1 20268$712,500
Q2 202632$705,000
Q3 202624$705,000
Q4 202612$745,000

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

Recent sales near 3306 Palm Avenue

Closed sales reported in 90262, nearest first, last 12 months. All recent sales in Lynwood →

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