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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.
Property Type(s):
Residential Income
| Last Updated | 10/31/2026 | Year Built | 1948 |
|---|---|---|---|
| Community | RM - Lynwood | Garage Spaces | 1.0 |
| County | Los Angeles |
Additional Details
| APPLIANCES | Dryer, Refrigerator |
|---|---|
| AREA | RM - Lynwood |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s) |
| LOT | 6312 sq ft |
| LOT DIMENSIONS | 6310 |
| PARKING | Covered, Carport, Driveway, Garage |
| POOL DESCRIPTION | None |
| STORIES | One, Two |
| STYLE | MidCenturyModern |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
Location
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Listed with LA Realty & Development
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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