1421 N Wilmington Blvd, Wilmington, California 90744
- $2,335,000
1421 N Wilmington Blvd, Wilmington, California 90744
- $2,335,000
Overview
Property ID: SB24023861
- Apartment, Residential Income
- 13.0
- 7948 Sqft
- 1957
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.
Address
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Address: 1421 N Wilmington Blvd
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State/county: CA
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Zip/Postal Code: 90744
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Country: US
Details
Updated on April 18, 2024 at 5:45 pm-
Property ID SB24023861
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Price $2,335,000
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Property Size 7948 Sqft
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Land Area 0.2772 Acres
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Garages 13.0
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Year Built 1957
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash
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Sewer Public Sewer
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Cooling None
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Heating Wall Furnace
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Sidewalks, Gated
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