712 N Wilmington Blvd - Apartments FOR SALE


Wilmington, CA 90744
$875,000 USD
310-801-7373
712 N Wilmington Blvd, Wilmington, CA for Sale
$875,000 USD
Apartments - FOR SALE
1/18
null | 4.4% Cap Rate

712 N Wilmington Blvd
Wilmington, CA 90744


HIGHLIGHTS

  • Excellent Unit Mix of ALL spacious 2 bedroom / 1 bath units
  • Well-maintained property with brand new electric
  • Large 7,187 SF Lot with space in the rear to add ADU (buyer to verify)
  • Additional room that can be rented as storage for additional income

OVERVIEW

Well-Maintained 4-Plex in High-Demand Wilmington Rental Market. .. * * * Excellent unit mix featuring all spacious 2-bedroom, 1-bath units generating $5,164/month in rental income. Property includes an additional room formerly used as a laundry area—now a great opportunity for extra income as rentable storage. Rear parking area offers potential for ADU conversion (buyer to verify). Property is in great condition with newer windows and roof. Recent capital improvements include brand new electrical main and subpanels

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$274 USD /SF

# OF UNITS

4

PRICE/UNIT

$218,750

CAP RATE

4.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

712 n wilmington blvd

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,187 SF

ZONING

R3

APN/PARCEL ID

7416-016-011

ASK ABOUT THIS PROPERTY

Olga WrightLyon Stahl Investment Real EstateMore Info
310-801-7373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Olga WrightLyon Stahl Investment Real EstateMore Info
310-801-7373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.