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.
Sold for $1,770,000
Listed by: T.N.G. Real Estate Consultants • Anna Hong • Contact: 562-982-4175
Bought with: Circle Real Estate
$1,770,000
10987 Wright Rd, Lynwood, CA 90262
11beds
6baths
4,500sqft
Multi Family
Built in 1947
-- sqft lot
$-- Zestimate®
$393/sqft
$2,556 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,556/mo
Zestimate® history
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Two story freestanding houses
Zillow last checked:
Listing updated:
Listed by:
Anna Hong DRE #01825610 offer2annahong@gmail.com,
T.N.G. Real Estate Consultants
Bought with:
Moises Palomo, DRE #02230316
Circle Real Estate
Source: CRMLS,MLS#: PW25010823
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,500
- Total interior livable area: 4,500 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Door-Single, Garage, No Driveway, RV Access/Parking, One Space, Uncovered
- Garage spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: Ground
- Pool features: None
Lot
- Size: 0.79 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6194005027
- Zoning: LYR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer, Sewer Tap Paid
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Lynwood
Financial & listing details
- Price per square foot: $393/sqft
- Tax assessed value: $1,165,786
- Annual tax amount: $18,683
- Date on market: 1/16/2025
- Cumulative days on market: 305 days
- Listing terms: Cash to New Loan
- Tenant pays: Electricity, Gas, Telephone
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $1,770,000-9.2%$393/sqft |
Source:  CRMLS #PW25010823 Report a problem | ||
| 7/24/2025 | Pending sale | $1,950,000$433/sqft |
Source: CRMLS #PW25010823 Report a problem | ||
| 6/13/2025 | Contingent | $1,950,000$433/sqft |
Source: CRMLS #PW25010823 Report a problem | ||
| 6/9/2025 | Listed for sale | $1,950,000+101%$433/sqft |
Source: CRMLS #PW25010823 Report a problem | ||
| 5/29/2015 | Sold | $970,000+14.1%$216/sqft |
Source: Public Record Report a problem | ||
| 10/28/2005 | Sold | $850,000$189/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,683 +5.8% | $1,165,786 +2% |
| 2024 | $17,654 +0.7% | $1,142,928 +2% |
| 2023 | $17,532 +3.5% | $1,120,519 +2% |
| 2022 | $16,944 +3.6% | $1,098,549 +2% |
| 2021 | $16,350 +4% | $1,077,010 +1% |
| 2020 | $15,722 | $1,065,968 +2% |
| 2019 | $15,722 +4% | $1,045,067 +2% |
| 2018 | $15,117 | $1,024,576 +2% |
| 2017 | $15,117 -1.2% | $1,004,487 +2% |
| 2016 | $15,299 +1.6% | $984,792 +54.3% |
| 2015 | $15,053 +58.4% | $638,375 +2% |
| 2014 | $9,502 | $625,871 +5.3% |
| 2010 | -- | $594,377 -0.2% |
| 2009 | -- | $595,790 +2% |
| 2008 | -- | $584,108 -32.6% |
| 2007 | -- | $867,000 +2% |
| 2006 | -- | $850,000 +618% |
| 2005 | -- | $118,378 +6% |
| 2003 | -- | $111,698 +2% |
| 2002 | -- | $109,509 +4% |
| 2000 | -- | $105,258 |
Find assessor info on the county website
Neighborhood: 90262
Nearby homes
- $1,023,5003 bd3 ba1.5k sqft10977 Wright Rd, Lynwood, CA 90262Off Market
- $1,662,5003 bd3 ba1.4k sqft11009 Wright Rd, Lynwood, CA 90262Off Market
- $867,000-- bd-- ba1.9k sqft5216 Borson Ave, Lynwood, CA 90262Off Market
- $617,3002 bd1 ba912 sqft10975 Wright Rd, Lynwood, CA 90262Off Market
- $1,148,4006 bd4 ba2.7k sqft10969 Wright Rd, Lynwood, CA 90262Off Market
- $1,076,9006 bd3 ba2.4k sqft10971 1/4 Wright Rd, Lynwood, CA 90262Off Market
- $488,0003 bd2 ba-- sqft10965 Wright Rd APT 7, Lynwood, CA 90262Off Market
- $--4 bd2 ba-- sqft10965 Wright Rd APT 11, Lynwood, CA 90262Off Market
Nearby schools
GreatSchools rating
- 6/10Will Rogers Elementary SchoolGrades: K-6Distance: 0.4 mi
- 2/10Hosler Middle SchoolGrades: 7-8Distance: 1.3 mi
- 5/10Lynwood High SchoolGrades: 9-12Distance: 1.6 mi
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- California
- Los Angeles County
- Lynwood
- 90262
- 10987 Wright Rd
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