$2,250,000
$2,335,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
1421 N Wilmington Blvd Wilmington, CA 90744
2 Beds
1 Bath
Key Details
Sold Price $2,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24023861
Bedrooms 2
Property Sub-Type Res Income 2-4 Units
Property Description
Trust Sale. 14 Unit, fully occupied 2 building multifamily investment opportunity. RENTS ARE extremely UNDERMARKET, UPSIDE GROWTH IN RENTAL INCOME nearly $70,000 if market rents are obtained. Additional savings if buyer self manages. 1421 and 1425 are sold together. Recent improvements include new roofs, dual pane windows, paint, lighting, perimeter fencing, electrical panels, unit renovation, camera system Excellent location with easy access to the 110 freeway. Property is sold as is and seller will not make any repairs. Gross income $173,328 NOI nearly $60k.
Location
State CA
County Los Angeles
Zoning Assessor
Exterior
View Y/N No
Building
Story 2
Read Less
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Bought with Olga Wright Lyon Stahl Investment Real Estate, Inc.