1704 N Wilmington, Wilmington, CA 90744
Fourplex
Sold September 2023
Listing Agent: Christine Ballesteros (DRE #01280270) · Listing Office: RE/MAX Estate Properties · Contact: 310-766-6069 · Bought with: Christine Ballesteros · RE/MAX Estate Properties · MLS #SB23108988 · Source: CRMLS
5,424 sqft
Lot Size
1948
Year Built
Fourplex
Type
0
Garage
About this fourplex
Good sized (642 SF) one bedroom units, and well built 4-plex in 1948. Although the property has LA Rent Control, the potential of this property is tremendous. At $1500 rent per unit, the property would be under 8 X Gross and have a 10.7 Cap Rate. One REAR parking SPACE per unit. Each apt has their own LAUNDRY HOOK UP INSIDE. 3 Apts. on ground level & one apt. upstairs. Offers require 25% down. FIRST TIME ON MARKET IN 40 YEARS.
Listing description from the September 2023 sale, as reported to CRMLS.
Sale history
$575,000
Sold September 2023 · on market June 2023 · MLS #SB23108988 · Source: CRMLS
Listing Agent: Christine Ballesteros · Listing Office: RE/MAX Estate Properties · Contact: 310-766-6069 · Bought with: Christine Ballesteros · RE/MAX Estate Properties