10987 Wright Road, Lynwood

$2,050,000

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11 Beds
6 Baths
.79 Acre
6 Garages

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 Great Potential will attract your attention, so please come and see. Don' Miss Out. This land is where the city has proven itself in thepast by building 12 townhomes. Floor plans consist of a total two story freestanding houses all at 1,364sq.ft, 3 beds, 2 baths each, 6 of the unitshave decks and 2 car garage each. Project was approved in the past ** *According to what the seller checked with the city in 2024, it was said thatUP 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.

Essential Information

MLS® #
PW24085739
Price
$2,050,000
Bedrooms
11
Bathrooms
6.00
Acres
0.79
Year Built
1947
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
10987 Wright Road
Area
RM - Lynwood
City
Lynwood
County
Los Angeles
Zip Code
90262
Community Features
Sidewalks
Senior Community
N

Amenities

Parking Spaces
6
# of Garages
6
Pool
None

Interior

# of Stories
1
Stories
One

Exterior

Lot Description
0-1 Unit/Acre

Additional Information

Date Listed
April 29th, 2024
Days on Market
17
Zoning
LYR3YY

Listing Details

Agent
Anna Hong
Office
T.N.G. Real Estate Consultants
Property History
Price Reduced from $2,100,000 to $2,050,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 7:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.