844 King Avenue, Wilmington CA, 90744

Active

844 King Avenue

Wilmington CA, 90744

$1,568,000

$291.67 per sqft

Active

5,376 sqft

Multi-family

Built in 1960

Listed by Sophia De La Vara with Berkshire Hathaway HomeServices California Properties 562-755-9650

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!

TR24226690

MLSⓇ ID

November 7, 2024

Listed

November 14, 2024

Updated

Map

844 King Avenue
Wilmington CA, 90744

Interior Features

Total Stories: 2
Laundry Description: Common Area, Laundry Room
Fireplace: No
Fireplace Description: None
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Size: 0.16 Acres
Lot Features: 6-10 Units/Acre
Roof: Composition
Sewer: Public Sewer

Other Property Details

Area Name: 195 - West Wilmington
Days on Market: 5
Garage: No
Parking: None
Parking Total: 8
View: No
View Description: None
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: LAR1

Listing Contact: 626-363-1111

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/14/2024. 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.

Data last updated on 11/14/2024 at 12:19 PM UTC