Wilmington, CA 90744,1443 N Wilmington BLVD
Wilmington, CA 90744,1443 N Wilmington BLVD
Wilmington, CA 90744,1443 N Wilmington BLVD
Wilmington, CA 90744,1443 N Wilmington BLVD
Wilmington, CA 90744,1443 N Wilmington BLVD
Wilmington, CA 90744,1443 N Wilmington BLVD
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$1,400,000

$1,495,000

6.4%
Est.Price: ?

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Est. payment /mo

5,662 Sqft Lot


SOLD DATE : 04/20/2021

Key Details

Sold Price $1,400,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 21680068

Sold Date 04/20/21

HOA Y/N No

Year Built 1965

Lot Size 5,662 Sqft

Property Description

Renovated 8-unit apartment building with upside priced at only 186k/door in Wilmington. There are 4 fully renovated units, 2 of which can be delivered vacant. This property cash flows day one at 5.5% Cap Rate and 12.9 GRM with almost 50% upside to 9% Cap Rate and 8.8 GRM. There's a laundry room and 8 parking spaces for all units. There's potential to add 2 detached ADUs in the back to reduce price to only 149k/door. Excellent West Wilmington location near 110 FWY, public transit, schools, and shopping!

Location

State CA

County Los Angeles

Area 195 - West Wilmington

Zoning LARD1.5

Interior

Fireplace No

Exterior

Garage Assigned, Uncovered

Parking Type Assigned, Uncovered

Building

Story 2

Others

Senior Community No

Tax ID 7414025033

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Armin Soleimani • Global Platinum Properties, Inc.
Bought with Brien Varady • DeasyPennerPodley
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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