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Closed
- Listed price
- $505,000
- Listed Apr 7, 2020
- Sold price
- $505,000
- Sold Sep 2, 2020
7,206 sqft lot|1935 Built|64 MLS days on market
12320 Long Beach Blvd, Lynwood, CA 90262
Property Description
Looking for a CASH COW or an opportunity to BUILD units? This multi unit property features zoning for commercial and residential. It has a higher use of residential and can qualify for residential financing. Currently the front unit is a Hair salon and the unit in the back is a 2 bed 1 bath with a detached 2 car garage on a LARGE LOT! The new laws may allow you to legally convert the 2 car garage into an ADU to rent out for more $$! Turning the property into a triplex. BONUS! The property has 2 trailers that are rented out for a total of $750 a month. You have potential to get up to 5 streams of income on one property! The city of Lynwood can allow you to build up to 7 units under affordable housing. Please check with city for more details. Property is conveniently located by the 105/710/91 freeways, public transportation (metro Green line), 20 mins from the NEW Rams/Chargers SoFi Stadium, Shopping centers such as NEW Walmart Supercenter as well as Plaza Mexico and St. Francis Medial Center . Property can qualify for Residential financing and Rebuilt letter is on hand!
Listing agent: Marvin GarciaDRE #01968704MJG3089@gmail.com, Listing office: Remax Innovative
MLS data updated 11/1/2026, 6:00:17 AM PT
Source: CRMLSMLS #: DW20070325
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$505,000
Sep 2, 2020
Available records32020
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90262 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90262 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.