844 King Avenue, Wilmington, CA 90744
Property
Sold February 2025
Listing Agent: Sophia De La Vara (DRE #01127097) · Listing Office: Berkshire Hathaway HomeServices California Properties · Contact: 626-363-1111 · Bought with: Sophia De La Vara · Berkshire Hathaway HomeServices California Properties · MLS #TR24226690 · Source: CRMLS
About this property
For the first time in over 20 years, this exceptional 8-unit property in Wilmington is available for sale! Situated on a generous 7,011-square-foot lot, the building comprises eight 2-bedroom, 1-bathroom units, each approximately 672 square feet, totaling 5,376 square feet of rentable living space. This property offers convenient community laundry facilities and an open parking lot for tenants, ensuring ample parking space. Fully occupied and generating consistent rental income, each tenant pays for their own gas and electricity, while the owner covers water and trash expenses. Properties of this caliber, especially with long-standing tenant occupancy, are rare in Wilmington’s competitive market. This is a prime investment opportunity that won’t last long!
Listing description from the February 2025 sale, as reported to CRMLS.
Sale history