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12500 S Wilmington Avenue, Inglewood, CA 90222

Property · 2 recorded sales since 2014

12500 S Wilmington Avenue, Inglewood, CA 90222 Sold December 2019 CRMLS
$2,500,000Sold December 2019

Listing Agent: Steven Bogoyevac (DRE #01332755) · Listing Office: Steven M. Bogoyevac, Broker · Contact: 562-436-5800 · Bought with: Steven Bogoyevac · Steven M. Bogoyevac, Broker · MLS #PW19182160 · Source: CRMLS

15,944 sqft
Lot Size
2016
Year Built
Property
Type
7
Garage

About this property

12500 South Wilmington Avenue, a 2016 construction seven-unit apartment community in Compton, California. This offering presents an outstanding opportunity for an investor to acquire a newer construction asset with excellent in-place cash flow, potential upside in rents, and low operating and maintenance expenses. 
 
 The property consists of four buildings on a 0.37-acre lot and offers a strong mix of six four-bed/three-bath units and one three-bed/two-bath unit. The units are separately metered for all utilities, and each unit has a two-car garage and a full appliance package, including a washer and dryer. 
 
 12500 South Wilmington Avenue is located next to a church and across from a school complex that consists of Harriet Tubman High School, Thurgood Marshall Alternative School and Cesar Chavez Continuation High School. Additionally, the property is conveniently near the Metro Green Line (Willowbrook / Rosa Parks Station), and just a half-mile from the 105 freeway and Kenneth Hahn Plaza, a shopping center that features Food4Less, Rite Aid, Subway, Denny's and mother.

Listing description from the December 2019 sale, as reported to CRMLS.

Sale history

$2,500,000
Sold December 2019 · listed $2,690,000, on market June 2019 · MLS #PW19182160 · Source: CRMLS
Listing Agent: Steven Bogoyevac · Listing Office: Steven M. Bogoyevac, Broker · Contact: 562-436-5800 · Bought with: Steven Bogoyevac · Steven M. Bogoyevac, Broker
$230,000
Sold July 2014 · listed $299,000, on market February 2014 · MLS #214002813 · Source: CRMLS
Listing Agent: James Reichgelt · Listing Office: Dilbeck Real Estate · Contact: 818-240-8100 · Bought with: PFNon-Member Default · PF NON Member
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