$575,000
$575,000
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1704 N Wilmington Wilmington, CA 90744
4 Beds
4 Baths
Key Details
Sold Price $575,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23108988
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Good sized (642 SF) one bedroom units, and well built 4-plex in 1948. Although the property has LA Rent Control, the potential of this property is tremendous. At $1500 rent per unit, the property would be under 8 X Gross and have a 10.7 Cap Rate. One REAR parking SPACE per unit. Each apt has their own LAUNDRY HOOK UP INSIDE. 3 Apts. on ground level & one apt. upstairs. Offers require 25% down. FIRST TIME ON MARKET IN 40 YEARS.
Location
State CA
County Los Angeles
Zoning Assessor
Exterior
View Y/N No
Building
Story 2
Read Less
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Bought with Christine Ballesteros Estate Properties