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$1,468,000
Est. payment /mo
5,376 SqFt
UPDATED:
01/07/2025 01:27 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,376 sqft
Price per Sqft $273
MLS Listing ID CRTR24226690
HOA Y/N No
Year Built 1960
Lot Size 7,011 Sqft
Acres 0.16
Property Description
For the first time in over 20 years, this exceptional 8-unit property in Wilmington is available for sale! Situated on a generous 7,011-square-foot lot, the building comprises eight 2-bedroom, 1-bathroom units, each approximately 672 square feet, totaling 5,376 square feet of rentable living space. This property offers convenient community laundry facilities and an open parking lot for tenants, ensuring ample parking space. Fully occupied and generating consistent rental income, each tenant pays for their own gas and electricity, while the owner covers water and trash expenses. Properties of this caliber, especially with long-standing tenant occupancy, are rare in Wilmington’s competitive market. This is a prime investment opportunity that won’t last long!
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Community Facility, Laundry Room
Exterior
View Y/N false
View None
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 7416013001
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Listed by Sophia De La Vara • Berkshire Hathaway HomeServices California Properties