LKV Realty
Logo
$2,700,000
$6,800Reward *
10965 Wright Road, Lynwood, CA 90262Listing ID 26867015

10965 Wright Road, Lynwood, CA 90262

Active
Time on site: 11 daysLast updated: 3 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
33
Bathrooms
Bathrooms
17
Square Feet
Square Feet
12,780
Acres
Acres
0.68
Days on Site
Days on Site
11
Cooling
Cooling
None
Heating
Heating
None
Year Built
Year Built
1950
Stories
Stories
2
Parking
Parking
None

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.

Property Information

Property Details

Location

Address
10965 Wright Road
County
Los Angeles
City
Lynwood
Zip Code
90262
MLS Area
RM - Lynwood

Interior Features

Beds and Baths

Bedrooms
33

Building

Building Information

Square Feet
12,780
Year Built
1950
Stories
2

Financial

Special Conditions
Standard
Neema AhadianMarcus & Millichap, (310) 909-5500

Market Report for 90262

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-C104547