10965 Wright Rd | Image 1
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$2,700,000

For Sale

11 days ago

10965 Wright Rd, Lynwood, CA

House

MLS® 26867015

33 Bed

17 Bath

12780 sqft

24 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 12780 sqft
Garage 
Taxes 
Days Active 11
Lot Size 0.6764 Acres
Approx. Age 1950
Avg. Price Per Sqft $211
MLS® Number 26867015

Property Address: 10965 Wright Rd, Lynwood, CA, 90262-3132

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present 10965 Wright Road, an11-unit multifamily investment opportunity in Lynwood. Built in1950 & 1962, the property sits on a large 29, 465 SF lot with approximately 12, 780 SF of gross building area. A diverse unit mix of five two-bedroom/one-bath units, one three-bedroom/two-bath, and five rear four-bedroom/two-bath units caters to a wide range of renter profiles. The oversized 29, 465 SF lot offers ample space for future value add potential through ADU development by converting the exterior carports into units (buyer to verify). The property is separately metered for gas and electric. A gated entrance provides tenants with a secure, controlled access living environment. Dual entrances, one at the front and one at the rear of the property, offer added convenience and flexibility in designing future ADU development. On-site community laundry, equipped with two washers and two dryers, contributes to in-place ancillary income alongside utility reimbursements and parking income, with notable additional upside available through renting out more storage to tenants. Offered at $2, 700, 000 ($245, 455/unit, $211/SF), reflecting a7.03% current cap rate and 8.40 GRM on in-place income.
MLS® Number26867015
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
DrivewayNone
Garage Spaces
HeatNone
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 31, 2026List Date
$2,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
10965 Wright Rd, Lynwood, CA

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