414 Island Avenue, Wilmington, CA 90744

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Glen Henderson

[email protected] +1(619) 889-7646

$679,000

Est. payment - /mo

4 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB25145484

Bedrooms 4

Property Sub-Type Res Income 2-4 Units

Property Description

Charming Multi-Unit Property with Tremendous Potential First Time on the Market Since 1993 This exceptional property is being offered for the first time in over three decades, lovingly maintained by the original owners. Nestled on a spacious 7,500+ square foot lot, this unique opportunity invites you to explore its potential for expansion, including the addition of extra units. Key Features: Long-Term Tenants: Each unit is occupied by long-term residents who show pride in their homes and create a strong sense of community within the building. Unit Details: The property comprises well-maintained 1-bedroom, 1-bathroom units, ideal for tenants seeking comfortable and cozy living spaces. Upgrades: The property boasts a newer roof and updated wall heaters, reflecting the meticulous care and attention it has received over the years. Expansion Opportunity: With its expansive lot size of over 7,500 square feet, theres plenty of room to add additional units, maximizing rental income potential. Additional Information: This property is being sold alongside its sister building, located at 424 Island SB25145499, offering a rare chance to acquire two prime investments simultaneously. The seller is motivated, providing an excellent opportunity for investors or those looking to expand their portfolio. Dont miss out on this rare gemideal for both seasoned and first-time investors. Schedule your viewing today!

Location

State CA

County Los Angeles

Zoning Assessor

Direction Island & D St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 7418016016

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Listed by Alice Rodriguez Keller Williams Realty

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

414 Island Avenue Wilmington, CA 90744

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information