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Sold on 08/15/2025
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10987 Wright Rd, Lynwood, CA 90262

$1,770,000

Last sold 08/15/2025 after 212 Days

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    bed

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    bath

Multi-family not for sale
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About 10987 Wright Rd

Property type Multi-family
Year built 1947
HOA fee $0/month
Lot size 0.79 Acre
Parking 6 garage spaces
Rental estimate
Property description
Discover a Hidden Gem in Lynwood-5 units on about 35,000 sf Land. This is becoming a good income as it is, but above all,this land with GreatPotential will attract your attention, so please come and see. Don' Miss Out. This land is where the city has proven itself in the past by building 13 townhomes. Floor plans consist of a total two story freestanding houses all at 1,364sq.ft, 3 beds, 2 baths each, 6 of the units have decks and 2 cargarage each. Project was approved in the past ** *According to what the seller checked with the city in 2024, it was said that UP TO 14-15 units could be approved, BUT Buyer must confirm with city in person for new project*** Townhomes already built on either side of this land will serve as your reference.
Listed by
Listing Agent - Anna Hong
Listing Agent Contact: Offer2annahong@gmail.com
Listing Office - T.N.G. Real Estate Consultants
Source: CRMLS mls logo
MLS#PW25010823 • last updated 1 year ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Apartment
Status Pending
Lot Size (Acres) 0.7934
Lot Size (SqFt) 34561
Year Built 1947
Interior
Exterior
Building Area Square Feet, 4500
Parking Assigned, Garage, Garage - Single Door, No Driveway, Parking Space, RV Access/Parking, Uncovered
# Parking Spaces 6
# Garage Spaces 6
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer, Sewer Paid
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Zoning LYR3YY
Directions S / Imperial HWY & W/710 Fwy
APN 6194005027
Multifamily Details
Expense: Trash 3060
Operating Expense 33203
Expense: Insurance 3127
Total Expenses 33203
Expense: Water/ Sewer 5627
Gross Income 127440
Gross Scheduled Income 127440
Rental est.: $1,436/month
Gross rent multiplier: 102.7
  • Aug 2025
    mls logo MLS # PW25010823
  • Aug 15, 2025 Sold
    $1,770,000
  • Jul 23, 2025 Pending
    —
  • Jun 13, 2025 Active
    —
  • Apr 3, 2025 Price Change
    $1,950,000 (-2.5%)
  • Feb 16, 2025 Price Change
    $2,000,000 (-4.8%)
  • Jan 15, 2025 Listed
    $2,100,000 (-8.7%)
  • Aug 2025
    Public Records
  • Aug 15, 2025 Sold
    $1,770,000 (-9.2%)
  • Aug 2024
    mls logo MLS # PW24085739
  • Aug 14, 2024 Listed
    $2,300,000 (+15.0%)
  • Jul 16, 2024 Price Change
    $2,000,000
  • Jun 6, 2024 Price Change
    $1,999,900 (-2.4%)
  • May 11, 2024 Price Change
    $2,050,000 (-2.4%)
  • Apr 29, 2024 Listed
    $2,100,000
  • Apr 2024
    mls logo MLS # PW23165521
  • Apr 5, 2024 Listed
    —
  • Apr 2, 2024 Active
    —
  • Mar 4, 2024 Price Change
    $2,100,000 (-8.7%)
  • Dec 31, 2023 Price Change
    $2,299,000
  • Dec 2, 2023 Price Change
    $2,300,000 (-8.0%)
  • Sep 20, 2023 Price Change
    $2,500,000 (-7.4%)
  • Sep 5, 2023 Listed
    $2,700,000 (+178.4%)
  • May 2015
    Public Records
  • May 29, 2015 Sold
    $970,000 (+14.1%)
  • Oct 2005
    Public Records
  • Oct 28, 2005 Sold
    $850,000
  • Year Property taxes Tax assessment
  • 2024
    $17,654 +0.7%
    $1,142,928 +2.0%
  • 2023
    $17,532 +3.5%
    $1,120,519 +2.0%
  • 2022
    $16,944 +3.6%
    $1,098,549 +2.0%
  • 2021
    $16,350 +4.0%
    $1,077,010 +1.04%
  • 2020
    $15,722 +4.0%
    $1,065,968 +4.04%
  • 2018
    $15,117
    $1,024,576
  • 10987 Wright Rd
    $1.77M
  • —
  • 90262
    $699K 0% y/y
  • Lynwood
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
Will Rogers Elementary School
public Grades K-6
Lynwood Unified School District
3/10
Hosler Middle School
public Grades 7-8
Lynwood Unified School District
4/10
Lynwood High School
public Grades 9-12
Lynwood Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/6/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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