902 Island, Wilmington, CA 90744

About this fourplex

Wonderful Property!! Large corner lot with Two Duplex's , all 2 Bedroom 1 Bath apts. 3 Garages plus 4 parking spaces, facing the street. Each Unit has front and back yards. Under LA Rent Control with low rents & long term tenants. Potential of $2200/mo per unit 7.7 X Gross. (This eventually could be real money maker!! ) Priced at $255/SF REDUCED NOW so it is much lower than ALL Listings and most comparable Sales!! Nice section of Wilmington. Tenants pay for all utilities and that is a BIG plus factor. Copper Plumbing in all units. Diamond in the rough.

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

Sale history

$700,000

Sold November 2024 · listed $750,000, orig. $810,000, on market July 2024 · MLS #SB24144986 · Source: CRMLS

Listing Agent: Christine Ballesteros · Listing Office: RE/MAX Estate Properties · Contact: 310-766-6069 · Bought with: ERIK RUIZ · CENTURY 21 REALTY MASTERS

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