NOT LISTED FOR SALE

10977 Wright Rd Lynwood, CA 90262

Estimated Value: $905,000 - $1,286,459

7 Beds
3 Baths
2,615 Sq Ft
$411/Sq Ft Est. Value

Sale Details

Date Sold: March 3, 2016

Last sale price $775,000 $296 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,132 / mo

29 Days on Market

About This Home

As of March 2016

10977 wright road is a 3 unit structure located on a huge 32,475 SF Lot. A new buyer can purchase the property for the current income or for a development project down the road.
Lynwood is a city in Los Angeles County, California. As of the 2010 census, the city had a total population of 69,772, down from 69,845 at the 2000 census. Lynwood is located near South Gate and Compton in the southern portion of the Los Angeles Basin.

Last Agent to Sell the Property

Thomas Watkins

Pacific Peak Investment RE License #01754440 Listed on: 11/10/2015

Co-Listed By

Scott O'Neill

Pacific Peak Investment RE License #01907563

Last Buyer's Agent

Thomas Watkins

Pacific Peak Investment RE License #01754440 Listed on: 11/10/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 32,475 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Interior Spaces

  • 2,615 Sq Ft Home
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Library with Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Additional Features

  • Rain Gutters
  • Urban Location

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 10634
  • Assessor Parcel Number 6194005026

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,046
  • Trash Expense $1,000
  • Water Sewer Expense $1,500
  • New Taxes Expense $9,000
  • Gross Income $3,920
  • Net Operating Income $27,579

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0.75 Acres

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 6194005026
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Bath, Dining Room, Family Room, Library
  • Price Per Square Foot: 296.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 32475.00
  • Price Per Lot Square Foot: 23.86
  • Lot Size Acres: 0.7460

Multi Family

  • Gross Income: 3920.00
  • Gross Scheduled Income: 47040.00
  • Insurance Expense: 1046.00
  • Lot Size Area: 32475.0000 Square Feet
  • Net Operating Income: 27579.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 18050.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Lot: 8
  • Tax Tract Number: 10634

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Bought by
Current Estimated Value
$1,074,615

Purchase Details

Closed on
Jan 15, 2019
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2015
Closed on
Feb 23, 2016
Sold by
Bought by
Seller's Agent
Thomas Watkins
Pacific Peak Investment RE
Buyer's Agent
Thomas Watkins
Pacific Peak Investment RE
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$486,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2013
Sold by
Bought by

Purchase Details

Closed on
Nov 9, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Available
-- None Available
-- Wfg
$765,000 None Available
-- None Available
-- None Available
-- None Available
-- --
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 Borrower Loan Amount
Previous Owner $493,500
Previous Owner $486,500
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
03/03/2016 03/03/16 Sold $775,000 +3.3% $296 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
11/10/2015 11/10/15 For Sale $750,000 -- $287 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,932 $905,597 $532,705 $372,892
2024 $14,805 $887,841 $522,260 $365,581
2023 $14,691 $870,433 $512,020 $358,413
2022 $14,214 $853,367 $501,981 $351,386
2021 $13,509 $836,636 $492,139 $344,497
2020 $11,864 $828,058 $487,093 $340,965
2019 $12,648 $811,823 $477,543 $334,280
2018 $11,391 $795,906 $468,180 $327,726
2016 $8,576 $600,000 $400,000 $200,000
2015 $6,706 $454,174 $307,590 $146,584
2014 $6,581 $445,278 $301,565 $143,713
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thomas Watkins

    Pacific Peak Investment RE

  • S

    Seller Co-Listing Agent in 2016

    Scott O'Neill

    Pacific Peak Investment RE

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15243429

California Regional Multiple Listing Service (CRMLS)

APN: 6194-005-026

California Los Angeles County Lynwood 90262

10977 Wright Rd, Lynwood, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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