7,948 sqft

$2,250,000

1421 N Wilmington Blvd, Wilmington CA, 90744

Price per sqft$283.09

Built in1957

Property size7,948 sqft

Property typeCondominium

Bought with Olga Wright with Lyon Stahl Investment Real Estate, Inc. and Listed by Todd Wohl CA DRE# 01912556 with Premiere Estates International Real Estate 310-704-3616

Overview

Sold

Closed

Listed Feb 1, 2024

Updated Jun 19

Trust Sale. 14 Unit, fully occupied 2 building multifamily investment opportunity. RENTS ARE extremely UNDERMARKET, UPSIDE GROWTH IN RENTAL INCOME nearly $70,000 if market rents are obtained. Additional savings if buyer self manages. 1421 and 1425 are sold together. Recent improvements include new roofs, dual pane windows, paint, lighting, perimeter fencing, electrical panels, unit renovation, camera system Excellent location with easy access to the 110 freeway. Property is sold as is and seller will not make any repairs. Gross income $173,328 NOI nearly $60k.

Additional information

MLS^® ID: SB24023861

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.28 Acres

Other Property Details

Garage: Yes
55+/Senior Community: No

Bought with Olga Wright with Lyon Stahl Investment Real Estate, Inc. and Listed by Todd Wohl CA DRE# 01912556 with Premiere Estates International Real Estate 310-704-3616

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 2:20 PM UTC Last Checked: 2:20 PM UTC