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$ 1,300,000
Est. payment | /mo
10 Beds
7,165 Sqft Lot
$ 1,300,000
Est. payment | /mo
10 Beds
7,165 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25135361
Bedrooms 10
Lot Size 7,165 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional 8-Unit Investment Opportunity in Wilmington! First time on the market in over 40 years, this well-maintained 8-unit multifamily property offers an incredible opportunity for investors seeking stability and long-term value. Situated on a prime corner lot, this asset features (6) 1-bedroom/1-bath units and (2) 2-bedroom/1-bath units, each separately metered for gas and electricity an important feature for minimizing owner expenses. Pride of ownership is evident throughout. The property boasts a new roof, newer dual-pane windows installed on most units, and a fresh exterior paint job, enhancing both curb appeal and longevity. The long-term tenants have taken great care of their homes, reflecting the propertys strong community feel and consistent upkeep. Residents enjoy ample on-site parking with eight designated spaces in addition to street parking. All 9A compliance items have been completed, offering peace of mind for the next owner. This is a rare chance to acquire a turnkey investment in a thriving rental market, where opportunities like this seldom become available. Whether youre expanding your portfolio or entering the multifamily space, this Wilmington gem is one you wont want to miss.
Location
State CA
County Los Angeles
Zoning Assessor
Direction From West Anaheim Street, turn right on Wilmington and left on West G Street. Complex is on the corner of Wilmington & G
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7416016015
Listed by Yolanda Andrade Cornerstone Realty Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "