Investment Overview

Marcus & Millichap is pleased to present 10965 Wright Road, an 11-unit multifamily investment opportunity in Lynwood. Built in 1950 & 1962, the property sits on a large 29,465 SF lot with approximately 12,780 SF of gross building area. § A diverse unit mix of five two-bedroom/one-bath units, one three-bedroom/two-bath, and five rear four-bedroom/two-bath units caters to a wide range of renter profiles. § The oversized 29,465 SF lot offers ample space for future value add potential through ADU development by converting the exterior carports into units (buyer to verify). § The property is separately metered for gas and electric § A gated entrance provides tenants with a secure, controlled access living environment. Dual entrances, one at the front and one at the rear of the property, offer added convenience and flexibility in designing future ADU development. § On-site community laundry, equipped with two washers and two dryers, contributes to in-place ancillary income alongside utility reimbursements and parking income, with notable additional upside available through renting out more storage to tenants. § Offered at $2,700,000 ($245,455/unit, $211/SF), reflecting a 7.03% current cap rate and 8.40 GRM on in-place income.