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Sold for $1,770,000
  • Listing Provided by: 

    Anna Hong DRE #01825610 offer2annahong@gmail.com,

    T.N.G. Real Estate Consultants

    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
    $3,928 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,928/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: August 15, 2025 at 03:33pm

    Listing Provided 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#: PW25010823MLS LogoOriginating MLS: California Regional MLS

    Facts & 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 & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Lynwood

    Other

    Other facts
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    8/15/2025Sold$1,770,000-9.2%$393/sqft
    Source: CRMLS #PW25010823 Report a problem
    7/24/2025Pending sale$1,950,000$433/sqft
    Source: CRMLS #PW25010823 Report a problem
    6/13/2025Contingent$1,950,000$433/sqft
    Source: CRMLS #PW25010823 Report a problem
    6/9/2025Listed for sale$1,950,000+101%$433/sqft
    Source: CRMLS #PW25010823 Report a problem
    5/29/2015Sold$970,000+14.1%$216/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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%

    Find assessor info on the county website

    Neighborhood: 90262

    Nearby schools

    GreatSchools rating
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