844 King Avenue

Wilmington, CA 90744

  • 0 Bed(s)
  • 0 Bath(s)
  • 5,376 Sqft
  • 7011
    Sqft(Lot)
$1,568,000

Description

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!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47584311

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1960
    • Building Area Total: 5,376
    • Construction: Stucco
    • Roof: Composition

    Pool Features

    • None

    Laundry Features

    • Common Area,Laundry Room

    Fencing

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.161
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7011

  • Listing Price Information

    • Original List Price: 1,568,000
    • Listing Contract Date: 2024-11-07

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7416013001

  • Garage and Parking

    • Garage Description: None

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 195 - West Wilmington
    • Directions: King Ave / W I St
    • Zoning: LAR1
    • Source Property Type: Residential Income
    • Area: 195 - West Wilmington
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 64
    • Common Walls: 2+ Common Walls
    • Structure Type: Mixed Use
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 13:13

  • MLS: TR24226690
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 5,376 sqft, 7,011 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Wilmington , in zip code 90744, this Los Angeles County Home are nearby neighborhoods.