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$1,340,000
$1,485,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
SOLD DATE : 10/07/2022
Key Details
Sold Price $1,340,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22171726
Sold Date 10/07/22
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
715 King Avenue is a terrific 9 unit investment property featuring tremendous upside potential of about 80% +/-! The units are a mix of One 2 Bedroom unit and Eight 1 Bedroom units. The grounds have garage parking at the front of the property, and more surface parking at the rear. There is also onsite laundry available (leased) and the units are all individually metered. Wilmington has always been a strong rental market, with terrific access to Long Beach, San Pedro, and the rest of the South Bay! The Port of Los Angeles also provided thousands of stable jobs in the immediate vicinity, helping to maintain Wilmington's reputation as a stable investment market.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Just off Anaheim
Interior
Fireplace No
Exterior
View Y/N No
Others
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Bought with Josh Cohen Keller Williams Beach Cities
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "