10965 Wright Rd Lynwood, CA 90262
Lynwood AreaEstimated payment $17,070/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: The MLS
MLS Number: 26867015
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