$930,000
$990,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
6,102 Sqft Lot
SOLD DATE : 06/16/2026
Key Details
Sold Price $930,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB26079580
Sold Date 06/16/26
HOA Y/N No
Year Built 1965
Lot Size 6,102 Sqft
Lot Dimensions Public Records
Property Sub-Type Apartment
Property Description
Priced at $990,000 ($222 Per SQFT), this 5-unit building features very spacious 2-bedrooms with tenant coveted in-unit laundry. One of the units is a townhome-style apartment with 1.5 baths, ideal for a possible owner/user. The property features separate gas & electric meters, helping keep utility expenses lower. Each unit has a dedicated parking space. The building is fully occupied with below market rents, upon turnover an new owner can raise rents +/-60%, in total. Future vacant units should have a rental advantage due to their size, laundry capability, and high visibility along Wilmington Blvd.
Strategically located just a half-mile from the 110 Freeway, this building offers rapid access to the greater Los Angeles region. It features a convenient commute for a local workforce and is a short drive from the Port of Los Angeles and the Port of Long Beach. Additionally, the property is situated only 0.75 miles from Los Angeles Harbor College.
Location
State CA
County Los Angeles
Area 195 - West Wilmington
Interior
Heating Wall Furnace
Fireplace No
Laundry Inside
Exterior
Parking Features Assigned, Driveway Level, Paved, Uncovered
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7415013035
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Cash,Cash to Loan
Special Listing Condition Standard
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Bought with Mike Marcu Mike Marcu, Broker
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