716 FLINT Avenue, Wilmington, CA 90744

About this property

Offered at 4.5 times gross, The Harbor Inn at 716 Flint Avenue in Wilmington is a clean, quiet 48 SRO Apartment-Hotel with a stabilized tenancy and positive cash flow. All 48 guest rooms, laundry, and office are legally registered with DBS and LAHD. One of the legal guest rooms is being used for storage; an on-site manager occupies a guest room as well. Email listing agent for full disclosures and marketing package. There are 2 large public bathrooms on each floor, which include a bathtub and separate shower and toilet. The manager' s unit and another have their own bathrooms as well. Standard, non-distressed sale.

Listing description from the April 2014 sale, as reported to CRMLS.

Sale history

$1,206,500

Sold April 2014 · listed $1,250,000, on market November 2013 · MLS #13721127 · Source: CRMLS

Listing Agent: Darin Spillman · Listing Office: Kidder Mathews of California, Inc. · Contact: 310-312-2800 · Bought with: Richard Hu · Richard Hu

$950,000

Sold July 2012 · listed $995,000, orig. $1,150,000, on market September 2011 · MLS #S11124169 · Source: CRMLS

Listing Agent: David Holstein · Listing Office: The Holstein Group · Contact: 310-891-3339 · Bought with: David Holstein · The Holstein Group

Explore Wilmington