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.
Discover this well-maintained 2,640 square foot Wilmington triplex nestled on a spacious 4,758 square foot lot, featuring a single building with three distinct units. The front unit boasts 3 bedrooms and 2 full baths, while both upper and lower units at the rear offer 2 bedrooms and 1 bath each. Complete with a fenced-in property and in-unit laundry in all units, this triplex is currently leased to reliable tenants, ensuring immediate rental income with substantial upside potential. Ideal for investors seeking a turnkey property in Wilmington's sought-after rental market, this triplex presents a rare opportunity. Don't miss your chance to own a piece of Wilmington's history while enjoying consistent rental revenue. Additionally, the property features three carports, a cemented driveway, and easy freeway access, combining convenience and functionality.
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.
We are pleased to present a 4-unit building (1 unit VACANT) located in the Wilmington neighborhood. This opportunity is located two blocks away from the Port of Los Angeles and in close proximity to the Wilmington Waterfront Park, the Wilmington Recreation Center, and the 110 freeway. The property's central location offers a short drive to both San Pedro and Long Beach providing tenants and owner-users numerous nearby amenities. The building currently operates at a 12.95 GRM on current rents, with rental upside potential to a 9.26 GRM and a 7.31% CAP on pro-forma rents. The property consists of single story building constructed in 1939 with a unit mix of 3 studio units and 1 one-bedroom unit. The property also features four uncovered onsite parking spaces in the rear accessible from the alley. Contact the listing team for additional information.
Great for first-time homeowner or Investor. Excellent Triplex. The front building has two 1Bedroom/1bath units and have been renovated. THE REAR UNIT IS 2BEDROOM/ 1BATH WHICH IS VACANT and has also been renovated. The exterior of buildings have been recently painted. Conveniently located to shopping, freeway access, schools, parks, etc. Don't Miss this opportunity.
Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 1010 E Anaheim St is a mostly Stabilized 8 unit apartment in Los Angeles County. Priced at a 9.04 GRM and 7.23% Current Cap rate, this asset is ideal for any investor looking for strong cash flow in a growing submarket of Los Angeles. The subject property boasts an excellent unit mix of (8)1-bed/1-bath Units. At only $187k/Door and $366/SF, this asset provides strong cash flow and immense upside. 1010 E Anaheim St is sandwiched between San Pedro’s new Waterfront Project and the City of Long Beach, 1010 E Anaheim is a quickly growing submarket in the South Bay.
New on the market this is a Duplex property in the city of Wilmington.
SELLER WILL ENTERTAIN ALL OFFERS. Tremendous upside with a potential for the addition of a two bedroom (App. 760SF) ADU to rear garages, with plans and architectural drawing (see photos). Impressive offering actual CAP Rate of 5.25% / Introducing The Lagoon Flats, an impressive two-story, seven-unit multifamily investment property situated at 823 Lagoon Ave, Wilmington, CA. This charming garden-style apartment building boasts an attractive exterior, encompassing approximately 5,301 square feet within a 7,512 square foot lot, and holds the LARD1.5 zoning designation. Originally constructed in 1965, The Lagoon Flats underwent a tasteful renovation in 2023, featuring remodeled interior units, a new roof, windows, and drought-tolerant landscaping. The unit composition consists of four one-bedroom/one-bath units, one two bedroom/ one-bath unit, and two two-bedroom/one and a half bathroom units.
BACK ON THE MARKET!!! A Extraordinary one-of-a-kind two properties on a lot! 3-bedroom 2-bathroom home completly remodeled with an additional new construction dwelling unit (ADU) with 2 bedrooms 1 full bathroom that has its own laundry area central heating and air conditioner and solar panels. This beautifully remodeled property offers versatile living spaces that cater to multigenerational families or savvy investors looking to generate rental income. As you step into the main residence, you'll be greeted by a bright, open floor plan with recessed lighting throughout. Discover three spacious bedrooms, two modern bathrooms, and a kitchen that is the epitome of luxury, featuring quartz countertops, sleek cabinets, and enchanting special lighting. Every detail has been carefully considered to enhance comfort and convenience, from the spacious walk-in closet in the primary suite to the dedicated areas for shoe organization in one of the bedrooms. The private laundry area adds another layer of functionality to this already impeccable home. Just steps away, the ADU provides a retreat of its own, complete with a fully equipped kitchen and bathroom facilities, ensuring autonomy and privacy for its occupants. But the beauty doesn't end there – this property also boasts a 2-car garage with a sizable attic. Outside, the ADU features its own private backyard. Beautifully designed pavers in the front, driveway and back yard with artificial grass in the front yard adds to the allure of outdoor living while minimizing maintenance. Ideally situated in a desirable area of Wilmington, close to the Harbor, shopping, and major freeways. This property offers the perfect blend of convenience and luxury. Don't miss your chance to experience the magic of contemporary living in this breathtaking home and ADU combination.
Great opportunity to buy a Multi-unit property in the City of Wilmington. Front unit features 2 Bedroom, 1 Bath, back unit features 2 bedroom 1 bath. This property has a 1-car detached garage. Property SOLD AS IS!!!!! Don't miss out on a great opportunity!!!Investors are welcome!! Come and see it today!!!
Development opportunity. Cash cow building + Value add! 2 lots with 2 APNs. (7416-032-028 - 7,247sf per assessor) and (7416-032-027 - 7,244sf per assessor) Building sits on one APN, buyer can re-develop or sell the other APN. City says minimum 3 (non-rent controlled) units can be added to the vacant lot. Buyer to check. Beautiful character Spanish style building with tile roof. Bread and butter pride of ownership well-maintained 10 units. Significant RENTAL UPSIDE (raise rents, rent out parking spaces) + add laundry machines for more income. See for yourself - the last rental - apt 4 was rented in December 2023 for $1,500. Market rent is about $16,400/ month, or $196,800/ year. 2023-2024 upgrades - exterior paint, stairs, upper and lower decks refinished, new fence, landscaping, auto sprinklers. Capital improvements since purchase in August 2015 - new main drain line from the building to the street (apx 150 feet). Fresh water lines (copper and pex combination) from main meter. New electrical wiring from meters to subpanels, new subpanels, panels, main breakers, Edison meters (10 units + house meter). Permits will be uploaded to supplements. Parking lot re-paved in 2015. Note -units #5,10 are bigger than the rest. Units #4,9 are studios.
Nestled in the heart of Wilmington. This duplex awaits a visionary owner eager to remodel and refresh its interior. The front unit features two bedrooms, one bathroom, open floor kitchen with combined living and dining space and a convenient rear utility. A spacious rear porch provides washer and dryer hookups and ample storage. Meanwhile, the back unit offers a bedroom, bathroom, kitchen and spacious living area. The propery, with its large fenced lot, includes a carport, an extended driveway for parking up to 3 car and potential space for outdoor gatherings. Lots of fruit trees and side yard. property is sold in "as is" condition.
A duplex in the city of Wilmington is a great investment property with tenants already in place with some upside. Each units has two bedrooms and one bathroom, as well as its own laundry facilities. The property also features a detached garage for each tenant for storage which can be accessed at the rear from the alley. The property is beside a small park, close to schools and major freeways.
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.
