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Residential Income — 614 Gulf, Wilmington, CA

$829,000

614 Gulf, Wilmington, CA

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About this property

RARE FINANCING OPPORTUNITY: Assumable 3.50% Conventional Mortgage! Located within walking distance of the Wilmington Waterfront Park, this property features two homes on an oversized lot, making it ideal for either an owner-occupant seeking rental income or an investor looking for strong returns. The Front House (614 Gulf Ave) features 2 bedrooms, 1 bathroom, a fenced front yard, a covered porch, and a detached one-car garage with an indoor laundry area. The Back House (616 Gulf Ave) is nicely upgraded with 3 bedrooms and 2 bathrooms. It includes tile and laminate flooring, recessed lighting, ceiling fans, and a spacious living room. The kitchen features granite countertops and cherry-finished cabinets, and the indoor laundry area accommodates a full-sized washer and dryer. Additionally, both homes include a private yard area and an extra parking pad outside of each one-car garage. The property is conveniently located near parks, freeway access, shopping, and local eateries.

Property details

Year built
1922
Property type
Residential Income
Lot size
6,207 sqft

Location

614 Gulf • Wilmington, CA 90744

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Listed by

Andrew Flores · Keller Williams Palos Verdes