$700,000
$750,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
902 Island Wilmington, CA 90744
7,501 Sqft Lot
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24144986
Sold Date 11/20/24
HOA Y/N No
Year Built 1953
Lot Size 7,501 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 195 - West Wilmington
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre, Corner Lot, Front Yard, Street Level
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7416031029
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with ERIK RUIZ • CENTURY 21 REALTY MASTERS