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504 W L Street, Wilmington, CA 90744

Fourplex · 2 recorded sales since 2017

504 W L Street, Wilmington, CA 90744 Sold January 2024 CRMLS
$1,050,000Sold January 2024

Listing Agent: Billy Rosenberg (DRE #01995754) · Listing Office: Billy Rosenberg, Broker · Contact: 949-677-0674 · Bought with: Michael Geluz · Legacy Realty & Investments · MLS #OC23131929 · Source: CRMLS

7,025 sqft
Lot Size
1953
Year Built
Fourplex
Type
1
Stories
1
Garage
None
Cooling
WallFurnace
Heating

About this fourplex

MOTIVATED SELLER! Are you in search of a meticulously cared-for investment property that can be easily managed on your own? Look no further than this fully occupied, well-maintained fourplex. This property consists of one spacious 2+1 unit and three comfortable 1+1 units, with an added bonus/office/den room in one of the 1+1 units. 2 remodeled units and bathrooms have been recently updated, giving them a touch of modernity. Each unit has its own separate meters, with the exception of water (2 tenants pay RUBS). Additionally, each unit offers its own front-fenced area, providing privacy and individuality. The end unit, featuring a generous 2/1 layout, comes with a huge front and side yard, like living in a single-family residence. In addition to a 1 car garage, there is driveway parking and an available side parking spot. Situated on a 7,025-square-foot lot in the heart of Wilmington, this fourplex presents a fantastic opportunity to secure your future in the thriving Wilmington real estate market. This property also offers the potential for additional income through the installation of a coin laundry facility. It is an ideal investment for an owner looking to manage their own rentals or a family seeking to establish a rental portfolio. Drive-by only. PLEASE do not disturb the tenants. Inspection with an accepted offer. WILL DELIVER 1 UNIT VACANT FOR OWNER OCCUPIED!

Listing description from the January 2024 sale, as reported to CRMLS.

Sale history

$1,050,000
Sold January 2024 · listed $1,161,000, orig. $1,290,000, on market July 2023 · MLS #OC23131929 · Source: CRMLS
Listing Agent: Billy Rosenberg · Listing Office: Billy Rosenberg, Broker · Contact: 949-677-0674 · Bought with: Michael Geluz · Legacy Realty & Investments
$630,000
Sold June 2017 · listed $650,000, on market January 2017 · MLS #V0-217000033 · Source: CRMLS
Listing Agent: Jacki Lowe · Listing Office: Comstock & Company Real Estate Services · Contact: (805) 667-8844 · Bought with: Gary Bluman · Comstock & Company Real Estate Services
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