844 King Avenue Active

Wilmington (los Angeles),CA 90744

$ 1568000

- Bed

- Bath

5376 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,376 sqft

Price per Sqft $291

MLS Listing ID CRTR24226690

Year Built 1960

Lot Size 7,011 Sqft

Property 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!

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling None

Laundry Community Facility,Laundry Room

Exterior

View None

Building

Water Public

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