Bought with ERIK RUIZ • CENTURY 21 REALTY MASTERS
$700,000
$750,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
902 Island Wilmington (los Angeles), CA 90744
2,936 SqFt
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,936 sqft
Price per Sqft $238
MLS Listing ID CRSB24144986
Sold Date 11/20/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1953
Lot Size 7,502 Sqft
Property Description
Wonderful Property!! Large corner lot with Two Duplex's , all 2 Bedroom 1 Bath apts. 3 Garages plus 4 parking spaces, facing the street. Each Unit has front and back yards. Under LA Rent Control with low rents & long term tenants. Potential of $2200/mo per unit 7.7 X Gross. (This eventually could be real money maker!! ) Priced at $255/SF REDUCED NOW so it is much lower than ALL Listings and most comparable Sales!! Nice section of Wilmington. Tenants pay for all utilities and that is a BIG plus factor. Copper Plumbing in all units. Diamond in the rough.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Inside
Building
Lot Description Corner Lot, Other, Front Yard
Water Public
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