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$1,770,000
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Property Description
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.
Full Property Details
Full Property Details for 10987 Wright Rd
General
- Sold For: $1,770,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25010823
- Added to Site: 366 day(s) ago
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 6
- Parking Features: Assigned, Garage, Garage (Single Door), No Driveway, Parking Space, RV Access/Parking, Uncovered
- Parking: Assigned, Garage, Garage (Single Door), No Driveway, Parking Space, RV Access/Parking, Uncovered
Location
- Area: RM - Lynwood
- County: Los Angeles
- Development Name: RM - Lynwood
- Driving Directions: S / Imperial HWY & W/710 Fwy
Utilities
- Sewer: Public Sewer, Sewer Paid
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: Ground
- Stories/Levels: One
- Stories Description: One
- Square Feet: 4,500
- Year Built: 1947
Lot Features
- Lot Size (Acres): 0.7934
- Lot Size Source: Assessor
- Zoning: LYR3YY
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $393.33
- Price Per Unit: 390000
Listed by T.N.G. Real Estate Consultants, Anna Hong
Sold by Circle Real Estate, Moises Palomo
Get Pre-Approved Today
Schools
Schools serving 10987 Wright Rd
School District:Lynwood Unified School District
| Name | Grades | Distance |
|---|---|---|
Will Rogers Elementary School, Lynwood, CA 11220 Duncan Avenue, Lynwood, CA 90262 | PK-6 | 0.4 mi |
Hosler Middle School 11300 Spruce Street, Lynwood, CA 90262 | 7-8 | 1.3 mi |
Lynwood High School 12124 Bullis Road, Lynwood, CA 90262 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10987 Wright Rd
Date
Details
Price
Change
Source
8/15/2025
Sold
$1,770,000
-9.23%
MLS
4/03/2025
Price Reduced
$1,950,000
-2.5%
MLS
2/17/2025
Price Reduced
$2,000,000
-4.76%
MLS
1/16/2025
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10987 Wright Road, Lynwood, CA 90262 (MLS# PW25010823) is a Multi-Family property that was sold at $1,770,000 on August 15, 2025. Want to learn more about 10987 Wright Road? Do you have questions about finding other Multi-Family real estate for sale in Lynwood? You can browse all Lynwood real estate or contact a Coldwell Banker agent to request more information.

