Excellent investment opportunity to own a fourplex with multiple income streams. Each of the four units features 1 bedroom, 1 bathroom, a private yard, and washer/dryer hook ups. The interiors offer tile flooring throughout, and updated plumbing.Situated on an expansive 8,015-square-foot lot, the property includes five single-car garages plus additional off-street parking with convenient alley access. An added investment advantage is an existing commercial ground lease for an on-site advertising billboard, providing supplemental income beyond the residential rents.Ideally located within walking distance of schools, parks, shopping, and with convenient access to major freeways. Owner pays for water and insurance. With stable residential income, additional revenue from the billboard lease, ample parking, and zoned for C-1, this property presents endless possibilities.
| MLS # | P1-28201 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 86 |
| Listing Provided By | BHHS California Properties | Angela Liang |
| SQ Feet | 2,609 |
|---|---|
| Garage | 5 |
| Building(s) | 1 |
| Zoning | C-1 |
| Acreage | 0.18 |
| Property View | None |
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Free Standing Range |
| Fireplace Yes / No | No |
| Lot Features | Front Yard, Sprinklers None |
|---|---|
| Fencing | Wood |
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Wilmington |
| Zip Code | 90744 |
| Area | 195 West Wilmington |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $698,000 low | high Med: $2,290,000 sqft: 2,609 low | high Med: 4,737 $ / sqft: $268 low | high Med: $483 On site: 86 low | high Med: 138 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Wilmington |
| Zip Code | 90744 |
| Area | 195 West Wilmington |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $698,000 low | high Med: $2,290,000 sqft: 2,609 low | high Med: 4,737 $ / sqft: $268 low | high Med: $483 On site: 86 low | high Med: 138 | |