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ResidentialIncome — 1052 N Wilmington Boulevard, Wilmington, CA

$780,000

1052 N Wilmington Boulevard, Wilmington, CA

$780,000 — 1052 N Wilmington Boulevard, Wilmington, CA — photo 1 $780,000 — 1052 N Wilmington Boulevard, Wilmington, CA — photo 2 $780,000 — 1052 N Wilmington Boulevard, Wilmington, CA — photo 3 $780,000 — 1052 N Wilmington Boulevard, Wilmington, CA — photo 4 $780,000 — 1052 N Wilmington Boulevard, Wilmington, CA — photo 5
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About this property

Excellent investment opportunity to own a fourplex with multiple income streams. Each of the four units features 1 bedroom, 1 bathroom, a private yard, and washer/dryer hook ups. The interiors offer tile flooring throughout, and updated plumbing.Situated on an expansive 8,015-square-foot lot, the property includes five single-car garages plus additional off-street parking with convenient alley access. An added investment advantage is an existing commercial ground lease for an on-site advertising billboard, providing supplemental income beyond the residential rents.Ideally located within walking distance of schools, parks, shopping, and with convenient access to major freeways. Owner pays for water and insurance. With stable residential income, additional revenue from the billboard lease, ample parking, and zoned for C-1, this property presents endless possibilities.

Property details

Year built
1956
Property type
ResidentialIncome

Location

1052 N Wilmington Boulevard • Wilmington, CA 90744

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Listed by

Angela Liang · BHHS California Properties

Listing courtesy of BHHS California Properties. Information deemed reliable but not guaranteed.

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