We are pleased to offer this five unit investment opportunity, located in the City of Wilmington. The unit mix consists of five 2+1 units within three separate structures. The investment consists of approximately 3,824 of rentable square feet and is situated on an approximately 9,356 square foot parcel. Recent property upgrades include new vinyl retrofit windows throughout as well as four recently renovated units with new flooring, gas heaters, kitchen cabinets, kitchen countertops, appliances, tile bathrooms and air conditioners. The building amenities include a large parking area with nine total spaces, a secured gated entry, and the property is separately metered for both gas & electricity.
Proudly presenting this supreme opportunity for both investors and developers alike. 130 E Opp St is a prime rental income property with great current revenue as well as great potential and upside. Recent renovations are reflected in the improved rental income, especially from the four beautifully remodeled units; a brand-new ADU unit will be delivered at COE, along with substantial electric upgrades. In addition, approved plans to build two additional units have been obtained and will also be delivered COE, saving a lot of time and effort for the buyer. This gold mine is further bolstered by rental upside and potential to be turned into a 9-unit residential complex. 130 E Opp St truly is a best-of-both-worlds: a stable property with great current income that also oozes undeniable developmental value. High rental demand in the area is just the cherry-on-top.
Proudly presenting this supreme opportunity for both investors and developers alike. 130 E Opp St is a prime rental income property with great current revenue as well as great potential and upside. Recent renovations are reflected in the improved rental income, especially from the four beautifully remodeled units; a brand-new ADU unit will be delivered at COE, along with substantial electric upgrades. In addition, approved plans to build two additional units have been obtained and will also be delivered COE, saving a lot of time and effort for the buyer. This gold mine is further bolstered by rental upside and potential to be turned into a 9-unit residential complex. 130 E Opp St truly is a best-of-both-worlds: a stable property with great current income that also oozes undeniable developmental value. High rental demand in the area is just the cherry-on-top.
Wonderful owner-user or investor opportunity with this charming triplex on a 7,105sf lot. Each unit is one bedroom and one bathroom. Front duplex with one shared wall and rear unit that is completely detached. A three car garage structure is located in the middle of the two residential structures and includes the common laundry area. One unit is currently vacant. Do NOT disturb the occupants.
Exceptional Investment Opportunity in a Highly Desirable Neighborhood This property features two distinct homes situated on a spacious 7,138 sq. ft. lot, offering a unique opportunity for investors or multi-family living. The front home presents a thoughtfully designed layout with 2 bedrooms, 1 bathroom, and a generous living room. The kitchen includes convenient laundry hookups, providing added functionality. The rear home boasts 3 bedrooms, 2 bathrooms, and a versatile office/playroom. Additional highlights include a detached 2-car garage with laundry hookups and a separate rumpus room complete with a fireplace. Both bathrooms have been fully remodeled with modern finishes. The expansive driveway offers ample parking for 3-4 cars, with additional space for RV parking. Access to the garage is available through either the back kitchen door or via the alley. Don't miss the chance to explore this incredible property. Join us for our Open House, Friday through Sunday, January 10-12, 2025.
Well maintained Investment or Owner-User Units Opportunity. Conveniently located, close to schools, freeways, shopping and more. Units have it's own yard, 2 car detached garage and driveway between units. Large lot over 8,800 sq ft. All units are tenant occupy! Property has two separate parcel's. 7415-023-036 & 7415-023-037
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!
Welcome to this charming TRIPLEX located at 1405 Lagoon Ave in Wilmington, CA. Each unit consists of 1 bed 1 bath w/garage and an ample 5,500 square foot lot. Property boasts, double pane windows, newer roof, copper plumbing, newer wall heaters, laminate flooring in all 3 kitchens. Units 1407 and 1409 kitchens w/granite counters. Conveniently located to churches, groceries, parks, schools, frwy's and transportation, making this TRIPLEX GEM a great start or additon to your real estate portfolio. DO NOT DISTURB OCCUPANTS..DRIVE BY ONLY
This 6-unit apartment building sits on a beautiful tree-lined street in the Historic Banning Park Area in the city of Wilmington. (2) 2 bedroom, 1 bath units and (4) 1 bedroom, 1 bath units with plenty of rental upside. There is gated parking in the back with alley access. This property has great curb appeal with a gorgeous courtyard and a large setback. It is centrally located between the 110 and 710 freeways, and near the San Pedro Waterfront Renovation of Ports O' Call.
We are proud to present The Sapphire Crest, a stunning 2-story, 7-unit multifamily investment property located at 823 Lagoon Ave. Wilmington, CA. This garden-style apartment building boasts curb appeal, totals ±5,301 building square feet on a ±7,512 square foot lot, and is zoned LARD1.5. The property was built in 1965 and tastefully renovated in 2023, including a remodel of all interior units, a new roof, windows, and drought-tolerant landscaping. In addition, all the electrical sub-panels are new and recently installed in May 2024. The unit mix is comprised of 4 one-bedroom/one-bath units, 1 two-bedroom/two-bath unit, and 2 two-bedroom/one and one half-bath townhome-style units. These well-appointed apartment units include wall A/C units, new flooring, kitchens, bathrooms, and plenty of cabinet and storage space. In addition, drawings have been completed for an ADU comprised of 1 two-bedroom/two-bath unit totaling +/- 760 square feet. The building construction is comprised of a wood frame and stucco exterior with brick accents, a flat roof, and a freshly painted exterior. The property is separately metered for gas & electricity. Building amenities include laundry room and garage parking for 7 cars on-site via 2 two-car garages and 3 one-car garages. This investment opportunity presents an ideal turnkey, high-income producing asset with stabilized rents, a 6.36% Cap Rate, and attractive day-1 cash flow for an investor looking to acquire a low-maintenance stabilized asset. Aesthetically, the property gushes with pride of ownership, and charm and offers some of the nicest apartment rentals in Wilmington for a few lucky tenants to be proud to call their home. The Sapphire Crest is ideally located in a desirable residential community of Wilmington within Los Angeles County, offering residents easy access to a host of amenities and nearby cities. Situated near cities like Long Beach, San Pedro, Carson, Torrance, and Lakewood, this property benefits from a convenient location within proximity to various shopping centers, restaurants, entertainment venues, and recreational facilities. The building is a short distance drive to the 110 and 1 Freeways. It is a roughly 15-minute drive to Long Beach Harbor and the Queen Mary. The property itself boasts a 98 Walk Score and 86 Bike Score as it is near many stores and restaurants.
Well maintained duplex in the city of Wilmington Features 2 2-bedroom units on a large lot with access from the rear. The detached garage is located towards the rear of the property and can potentially be expanded and converted into a 3rd unit. Each unit is complete with washer/dryer hookups and the property has separate meters for electric and gas.
Duplex in Desirable Wilmington Location This duplex offers two spacious 2-bedroom, 1-bath units, each with their own private living space. Located in a sought-after neighborhood, it is just minutes away from the beach, making it the perfect place to enjoy Wilmington's beautiful year-round weather. The property is currently tenant-occupied and viewings are available by appointment only. Buyers and agents to verify any and all information regarding this property.
LOCATION ,LOCATION,LOCATION. Great Investment Opportunity in the City of Wilmington! This triplex is made up of Units consisting of 2 Bedrooms and 1 Bath for each. The Units are attached and each of them have their own separate Garage Areas and a laundry room accessible to all units. The Building is on a Corner Lot and it has a Very Spacious Driveway, Granting Easy Access to their garage and possible potential for an ADU. The Property is Located Close to Schools, Parks, and is in Close Proximity to Major Freeways. This is a Opportunity you don't want to Miss!
Wilmington is located in California.
