1209 N Wilmington Blvd., Wilmington, CA 90744
1209 N Wilmington Blvd., Wilmington, CA 90744
1209 N Wilmington Blvd., Wilmington, CA 90744
1209 N Wilmington Blvd., Wilmington, CA 90744
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$ 990,000
Est. payment | /mo

6,102 Sqft Lot


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$ 990,000
Est. payment | /mo
Save

6,102 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB26079580

HOA Y/N No

Year Built 1965

Lot Size 6,102 Sqft

Lot Dimensions Public Records

Property Sub-Type Apartment

Property Description

Priced at $990,000 ($222 Per SQFT), this 5-unit building features very spacious 2-bedrooms with tenant coveted in-unit laundry. One of the units is a townhome-style apartment with 1.5 baths, ideal for a possible owner/user. The property features separate gas & electric meters, helping keep utility expenses lower. Each unit has a dedicated parking space. The building is fully occupied with below market rents, upon turnover an new owner can raise rents +/-60%, in total. Future vacant units should have a rental advantage due to their size, laundry capability, and high visibility along Wilmington Blvd.
Strategically located just a half-mile from the 110 Freeway, this building offers rapid access to the greater Los Angeles region. It features a convenient commute for a local workforce and is a short drive from the Port of Los Angeles and the Port of Long Beach. Additionally, the property is situated only 0.75 miles from Los Angeles Harbor College.

Location

State CA

County Los Angeles

Area 195 - West Wilmington

Interior

Heating Wall Furnace

Fireplace No

Laundry Inside

Exterior

Parking Features Assigned, Driveway Level, Paved, Uncovered

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7415013035

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Derek Fowler Re/Max Commercial & Investment dfowler@remax.net, DRE #01319692

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1209 N Wilmington Blvd.