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
December 10, 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 12/10/2024. 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.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 12/10/2024 at 8:51 PM UTC