Additional details

Listed by Daniel Terrazas • VIP RE Firm
$1,199,000
Est. payment /mo
4,815 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26011345
Style Traditional
Year Built 2026
Lot Size 4,815 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
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. 6% CAP rate and a 12.5X 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 Don
Location
State CA
County Los Angeles
Area 195 - West Wilmington
Rooms
Kitchen None
Interior
Heating Central Forced Air
Cooling Central AC, Other
Flooring Laminate
Laundry In Laundry Room
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool 31, None
Roof Type Shingle
Building
Foundation Raised
Water District - Public
Architectural Style Traditional
Others
Tax ID 7416016035
Special Listing Condition Not Applicable
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