815 G St - Apartments FOR SALE


Wilmington, CA 90744
$1,249,000 USD
310-730-9489
815 G St, Wilmington, CA for Sale
$1,249,000 USD
Apartments - FOR SALE
1/31
null | 5.81% Cap Rate

815 G St
Wilmington, CA 90744


HIGHLIGHTS

  • 86 walk score
  • Bordered line Harbor city, San Pedro, near Long Beach
  • Added value to build ADUS in the future
  • easy access to the 110FWY, PCH, and 710FWY

OVERVIEW

***Each duplex for sale at $1,250,000. Purchase individually or all three**New modern South Bay living near the Port of Los Angeles! This property sits in the heart of Wilmington and bordered line with San Pedro and Harbor City. Conveniently close to major transits, this property is couple blocks from the 110 FWY, PCH, 47 HWY, and 710 FWY (86 Walk Score). G st is perfect investors who are looking for different exit strategies or a BIG family that want to buy together. Investors get to enjoy a nice cash flow off this home with a pro-forma of $96,000 in annual gross rents. Amazing est. 5.8% CAP rate and a 13X GRM. Property has total of 8 bedrooms and 8 baths. Yes thats right, each units offers 4 bedroom and 4 baths (3 masters on each unit) which can give you an option to also rent by the room and potentially increase your cashflow, or force value by building up to 2 ADUs in the rear. FIRST TIME HOME BUYERS, don't feel discouraged. This property qualifies with FHA financing where you have the opportunity to come with a low downpayment. property has all the modern touches in today’s market such as laminate flooring recessed lighting, central AC and heating, washroom, PAID OFF solar systems, and very low expenses for landlords. Both units have separate utilities including water meters. Near retailers include Food-4-Less, El Super, Famous Isaac's Cafe, Mc Donals, WSS and many more. This by far is one of the best property in the neighborhood. Come check it out before is gone!

FOR SALE DETAILS

PRICE

$1,249,000 USD

PRICE/SF

$370 USD /SF

# OF UNITS

2

PRICE/UNIT

$624,500

CAP RATE

5.81%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 duplexes, 6 units

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,600 SF

ZONING

LARD1.5.

APN/PARCEL ID

7416-016-033,7416-016-034,7416-016-035

ASK ABOUT THIS PROPERTY

Daniel TerrazasVIP RE FirmMore Info
310-730-9489

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Daniel TerrazasVIP RE FirmMore Info
310-730-9489

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