11200 Wright RdLynwood, CA 90262

  • Manufacturing properties
  • 28,900 SF

Property Details for 11200 Wright Rd

Year built
1945
Construction
WOOD
Lot size
2.11 AC
Property size (Sq ft)
28,900 SF
Zone code
LYM*
Property type
Manufacturing properties
APN
6194-030-011
APU
6194030011

Description

This exceptional 53,900-square-foot warehouse, located at 11200 Wright Rd in Lynwood, California, presents a significant opportunity for industrial businesses. Situated on a 2.18-acre lot, this single-tenant property boasts a Class C designation and features a 14-foot ceiling height, providing ample space for storage and operations. Built in 1945, the building is a single-story structure with 25 total parking spaces, ensuring convenient access for employees and clients. The property is zoned M in Lynwood, Los Angeles County, and falls within the Downey/Paramount submarket. The entire 53,900 square feet is currently vacant, offering immediate occupancy for a new tenant. The property's address is 11200 Wright Rd, Lynwood, CA 90262, with APN 619+030-011. This location offers excellent access to major transportation routes, making it an attractive option for businesses requiring efficient logistics. The property's size, location, and vacancy make it a compelling investment opportunity within the thriving industrial sector of Los Angeles County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,617,800
    6.5%
    $16,262,600
    7%
    $15,101,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,793,000
    Geo Method
    $8,793,000
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $8,503,380
    Mixed-Use / Specialty
    $8,602,280
    Hospitality / Lodging
    $6,479,470
    Office
    $8,685,780
    Institutional / Educational
    $8,989,090
    Residential Income
    $10,517,200
    Multifamily
    $11,897,400
    Automotive / Energy
    $7,704,940
    Parking / Income-Based Land
    $2,531,210
    Restaurant / Food Service
    $4,749,900
    Healthcare / Senior Housing
    $8,688,960

Location Insight

City
Lynwood
County
Los Angeles
State
California
Latitude
33.9241
Longitude
-118.179
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$31,227
$744,861
$1,088,139
$1,833,000
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-
-
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