1421 N Wilmington Blvd, Wilmington, CA 90744
Property
Sold April 2024
Listing Agent: Todd Wohl (DRE #01912556) · Listing Office: Premiere Estates International Real Estate · Contact: 310-704-3616 · Bought with: Olga Wright · Lyon Stahl Investment Real Estate, Inc. · MLS #SB24023861 · Source: CRMLS
About this property
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.
Listing description from the April 2024 sale, as reported to CRMLS.
Sale history