$2,700,000

10965 Wright Rd Lynwood, CA 90262

Lynwood Area

Estimated payment $17,070/month

Total Views 375
33 Beds
17 Baths
12,780 Sq Ft
$211 Price per Sq Ft

About This Home

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.

Listing Agent

Neema Ahadian

Marcus & Millichap License #01346750 Listed on: 07/31/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 29,465 Sq Ft Lot
  • Lot Dimensions are 161x371

Parking

  • 24 Parking Spaces

Interior Spaces

  • 12,780 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 33 Bedrooms
  • 17 Bathrooms

Community Details

  • 2 Buildings
  • 11 Units

Listing and Financial Details

  • Assessor Parcel Number 6194-005-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0.68 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 12780
  • Lot Acreage: 0.6753
  • Lot Dimensions: 161x371
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 33
  • Total Bathrooms: 17.00
  • Price Per S Q F T: 211.27

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 24

Lot Info

  • Assessed Improvement Percent: 59.76
  • Assessed Improvement Value: 941657
  • Assessed Land Percent: 40.24
  • Assessed Land Value: 634178
  • Total Assessed Value: 1575835
  • Assessor Parcel Number: 6194-005-022
  • Lot Size Area: 29465

Rental Info

  • Total Actual Rent: 310608.00

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 7.41
  • Number Of Units: 11
  • Type Of Units: Apartments

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,415 $1,575,835 $634,178 $941,657
2024 $24,231 $1,544,938 $621,744 $923,194
2023 $24,060 $1,514,646 $609,553 $905,093
2022 $23,251 $1,484,948 $597,601 $887,347
2021 $22,391 $1,455,833 $585,884 $869,949
2019 $22,886 $1,414,754 $568,507 $846,247
2018 $21,192 $1,387,056 $557,360 $829,696
2016 $19,672 $1,331,178 $535,718 $795,460
2015 $19,293 $1,311,184 $527,672 $783,512
2014 $18,928 $1,285,501 $517,336 $768,165
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2026 07/31/26 For Sale $2,700,000 -- $211 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $1,230,000 Fidelity National Title Co
Grant Deed -- Fidelity Van Nuys
Trustee Deed $500,000 Pacific Coast Title
Interfamily Deed Transfer -- Northern Counties Title Ins
Corporate Deed $355,000 Northern Counties Title Ins
Deed In Lieu Of Foreclosure $590,000 Northern Counties Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $690,000 Commercial
Closed $775,000 Commercial
Closed $799,500 Commercial
Previous Owner $1,150,000 Construction
Previous Owner $1,091,250 Commercial
Previous Owner $350,000 Commercial
Previous Owner $100,000 Commercial
Previous Owner -- Commercial
Previous Owner $525,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 26867015

The MLS
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