Sold
Closed
1421 N Wilmington Blvd
Wilmington CA, 90744
$2,250,000
$283.09 per sqft
Sold
Closed
7,948 sqft
Condo
Built in 1957
Listed by Todd Wohl with Premiere Estates International Real Estate 877-337-8283
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.
SB24023861
MLSⓇ ID
February 1, 2024
Listed
July 14, 2024
Updated
Map
1421 N Wilmington Blvd
Wilmington CA, 90744
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.28 Acres
Lot Features
0-1 Unit/Acre
Sewer
Public Sewer
Other Property Details
Area Name
196 - East Wilmington
Days on Market
14
Garage
Yes
Garage Spaces
13
Parking Total
13
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
|---|---|---|
4/18/2024 | Sold | $2,250,000 |
2/16/2024 | Pending | — |
Listing Contact: 877-337-8283
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/14/2024. 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.
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Data last updated on 7/14/2024 at 7:19 AM UTC