3117 Oakwood Avenue
Property Overview
A MUST SEE. Two on One lot for the first time in 50 years. Welcome to 3117 Oakwood Avenue, an exciting opportunity offering income potential, ownership flexibility, and long-term value in Lynwood. With two residences on one lot, this property offers options for investors, and those considering multigenerational living. The two-residence configuration provides flexibility to accommodate different ownership goals. Continue operating the property as a rental investment, explore occupying one residence while leasing the other, or plan for extended-family living, subject to existing tenancies and applicable requirements. Separate living spaces offer privacy while keeping both residences within one property. For investors, 3117 Oakwood Avenue presents an opportunity to establish or expand a residential rental portfolio. For owner-users, it offers the possibility of combining homeownership with rental income. ALREADY RENOVATED- Owner has rewired the electrical system, installed new gutters, updated flooring, etc. Whether your priority is rental income, shared family living, or building equity through real estate, 3117 Oakwood Avenue deserves a closer look. The front house is one level and has 3 bedrooms and 1 bath. The back apartment is upstairs over the carport has 2 bedrooms and 1 bath. There is ample private parking for approx 10-12 cars. This is a rare gem. DO NOT DISTURB TENANTS.
Home Details
- Property type
- Residential Income
- Year built
- 1948
- Living area
- 1,878 sq ft
- Lot size
- 6,310 sq ft
- Parking
- 12 spaces
- Garage
- 1 spaces
- Carport
- 6 spaces
- Days on market
- 0
- MLS status
- Active
- Architectural style
- MidCenturyModern
- Zoning
- LYR1YY
Features & Amenities
Interior
- Ceiling Fans
Appliances
- Refrigerator
- Dryer
Parking
- Covered
- Carport
- Door Single
- Driveway
- Garage
- Uncovered
Pool
- None
Community, Schools & Utilities
Community
- View
- CityLights
Utilities
- Heating
- Central
Location & Neighborhood
Frequently Asked Questions About 3117 Oakwood Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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