1421 N Wilmington Blvd, Wilmington, CA 90744
1421 N Wilmington Blvd, Wilmington, CA 90744
1421 N Wilmington Blvd, Wilmington, CA 90744
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Todd Wohl • Premiere Estates International Real Estate
$2,335,000
Est. payment /mo
7,948 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 7,948 sqft

Price per Sqft $293

MLS Listing ID SB-24023861

Year Built 1957

Lot Size 0.277 Acres

Property Sub-Type Apartment

Property Description

Trust Sale. 14 Unit, fully occupied 2 building multifamily investment opportunity. RENTS ARE extremely UNDERMARKET, UPSIDE GROWTH IN RENTAL INCOME nearly $70,000 if market rents are obtained. Additional savings if buyer self manages. 1421 and 1425 are sold together. Recent improvements include new roofs, dual pane windows, paint, lighting, perimeter fencing, electrical panels, unit renovation, camera system Excellent location with easy access to the 110 freeway. Property is sold as is and seller will not make any repairs. Gross income $173,328 NOI nearly $60k.

Location

State CA

County Los Angeles

Area 196 - East Wilmington

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Laundry Community

Exterior

Parking Features Gated

Garage Spaces 13.0

Pool None

Community Features Sidewalks

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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Nearby School & Business

Paul Ward
Paul Ward

Broker Associate License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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