Lynwood Homes with None Parking features

Welcome to Lynwood, California—a vibrant city nestled in the heart of Los Angeles County, where urban convenience meets suburban charm. Known for its rich cultural diversity and a strong sense of community, Lynwood offers residents a unique blend of amenities and experiences that make it a sought-after destination for homebuyers.

One of the standout features of Lynwood is its accessibility. With major freeways and public transport options nearby, commuting to downtown Los Angeles or other parts of the county is a breeze. The city boasts a variety of parks, recreational facilities, and shopping centers, ensuring that residents have everything they need right at their fingertips. Whether you’re enjoying a sunny afternoon at Lynwood Park or exploring local eateries, there’s always something to do.

For those looking to call Lynwood home, the real estate market offers a range of options, including charming residences with unique features. Notably, many homes in Lynwood come with none parking features, providing flexibility for those who prefer street parking or live in areas where parking is not a concern. These homes often exude character and are perfect for first-time buyers, families, or anyone looking to invest in a thriving community.

Lynwood is not just a place to live; it’s a place to thrive. With its welcoming atmosphere, diverse culture, and convenient location, it’s no wonder that so many are drawn to this dynamic city. Discover your next home in Lynwood, where comfort and community await!

Newest Lynwood Homes with None Parking features

$2,700,000

33 Beds ⋅ 17 Baths ⋅ 26867015 MLS ⋅ Active Status

We are pleased to present 10965 Wright Road, an11-unit multifamily investment opportunity in Lynwood. Built in1950 & 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 a7.03% current cap rate and 8.40 GRM on in-place income.

10965 Wright Road, Lynwood

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.