815 W G Street, Wilmington, CA 90744

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Glen Henderson

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

$1,249,000

Est. payment - /mo

8 Beds

4,815 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25264305

Bedrooms 8

Lot Size 4,815 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional,FHA

Property Type Res Income 2-4 Units

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. 5.8% CAP rate and a 13X 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 todays 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 Donals, WSS and many more. This by far is one of the best property in the neighborhood. Come check it out before is gone!

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Cross street of Anaheim and Gulf ave

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7416016035

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Listed by Daniel Terrazas VIP RE Firm

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

815 W G Street Wilmington, CA 90744

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information