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1242 N Wilmington Blvd

Wilmington, CA 90744
  • $1,000,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 21-107591
New On Site 5 Days Ago
UPDATED: 30 min ago
$1,000,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,840
    SQFT
  • $260
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

We are proud to present this 4-unit property in Wilmington, CA. The property is comprised of 4 Townhouse Style-Units (2bed/1.5bath) Two-Level Units. Units are large with separate washer/dryer hook-ups and parking in the rear. This value-add opportunity 63% upside in rental income. Adjacent to the Wilmington waterfront development in the Port of Los Angeles. Located just a few blocks east of Harbor Park Golf Course & Los Angeles Harbor College. The property is located on Wilmington Blvd a major artery in the City of Wilmington.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-28T23:42:23.103. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/123516156
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1242 N Wilmington Blvd Wilmington, CA 90744

  • Price: $1,000,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 30 min ago
  • MLS #: 21-107591
8
Beds
0
Baths
0
½ Baths
0.16
Acres
3,840
SQFT
$260
$/SQFT
1963
Built
Neighborhood:
West Wilmington
County:
Los Angeles
Area:
West Wilmington
Property Description
We are proud to present this 4-unit property in Wilmington, CA. The property is comprised of 4 Townhouse Style-Units (2bed/1.5bath) Two-Level Units. Units are large with separate washer/dryer hook-ups and parking in the rear. This value-add opportunity 63% upside in rental income. Adjacent to the Wilmington waterfront development in the Port of Los Angeles. Located just a few blocks east of Harbor Park Golf Course & Los Angeles Harbor College. The property is located on Wilmington Blvd a major artery in the City of Wilmington.
Exterior Features

Lot Size Area 6784 Other Structures None Parking Garage DrivewayParking Space Total Parking 5

Interior Features

Baths Total 8.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 541214 Gross Income 54509 Gross Operating Income 54509 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 32942.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 21567 Type Of Units Standard Year Built Source Vendor Enhanced Zoning Lac1.5

Listing provided courtesy of Nabil Awada DRE# of Matthews Real Estate Investment Services.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-28T23:42:23.103. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210