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 1551 N Neptune Ave, a fully remodeled property offering two beautifully upgraded homes on one lot! Both the main house and the newly constructed accessory dwelling unit (ADU) have been completely redone from the ground up with high-end finishes and are fully permitted. Whether you're seeking a multi-generational living space or a smart investment opportunity, this property offers exceptional value. The front house is a spacious 3-bedroom, 2-bathroom home with an open-concept layout that seamlessly blends the living, dining, and kitchen areas. Laminate wood flooring and recessed lighting run throughout, creating a bright, airy atmosphere. The kitchen is a true highlight, featuring a large oversized island with pendant lighting, custom white shaker-style cabinets, quartz countertops, and plenty of storage. It's perfect for entertaining or simply enjoying everyday meals. The kitchen also provides direct access to the backyard, which offers even more space for relaxation or outdoor activities. The master bedroom is the largest of the three and includes a walk-in closet with built-in storage and an ensuite bathroom. The luxurious ensuite features a striking black granite shower surround, custom shower door, and high-end finishes. Two additional bedrooms are bright and generously sized, each with large closets that feature built-in storage solutions to maximize space. The full guest bathroom in the main house is equally impressive, with a soaker tub, rain shower, and custom granite finishes, giving it a spa-like feel. Conveniently located just outside the bedrooms is a spacious laundry room with storage and washer/dryer hookups. The newly built ADU, located at the rear of the lot, offers 2 bedrooms and 1 bathroom and is finished to the same high standards as the main house. The open-concept design features a bright living area that flows into a beautifully appointed kitchen with white shaker-style cabinets, white quartz countertops, and subway tile backsplash. The bathroom mirrors the main house's luxurious upgrades, with a soaker tub, rain shower, and custom finishes. The two bedrooms are cozy, with built-in closet storage, and the unit also includes central air and heat. The property also provides ample parking and separate private entrances for each unit, ensuring privacy and independence. Located in the desirable Wilmington area, this property is just minutes from local shops, schools, transportation options, and the local ports!
This property includes two residential units, each featuring 2 bedrooms and 1 bathroom, along with one commercial unit that has potential for conversion into a large residential space. The property benefits from rear alley access and is conveniently located near the Harbor Freeway. Don't miss this opportunity!
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.
Come view one of the newest built Duplex in the area, built in 1987. Great for investors or first time home buyers. Both units will be delivered vacant. 1121 features 3 bedrooms and 2 baths. 1123 features 2 beds and 3 baths, both units have a 2 car garage attached and both are 2 levels. Both have washer and dryer hook ups. Both units have small patios. Very close to 110 and 405 Freeways. This property is owner occupied.
Hard to Find Triplex. Three Sizable Individual Units Located in Highly Desirable area in Wilmington.
This two-story, four-unit income property, built in 1959 and situated on a corner lot, presents a prime investment opportunity for owner-users or investors seeking rental income in Wilmington. Located just two blocks from the Port of Los Angeles, it offers convenient access to the 110 freeway. Each unit features 3 bedrooms, 1 bathroom, laundry hookups, and low-maintenance interiors with tile floors. Recent upgrades include new balconies and a new sewer line installed in 2023. Residents will enjoy the convenience of five uncovered onsite parking spaces at the rear of the property, accessible from the alley.
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.
New on the market this is a Duplex property in the city of Wilmington.
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.
