Bought with Josh Cohen
$1,340,000
$1,485,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
715 King AVE Wilmington, CA 90744
9,087 Sqft Lot
Key Details
Sold Price $1,340,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSB22171726
Sold Date 10/07/22
Year Built 1964
Lot Size 9,087 Sqft
Source California Regional MLS
Property Description
715 King Avenue is a terrific 9 unit investment property featuring tremendous upside potential of about 80% +/-! The units are a mix of One 2 Bedroom unit and Eight 1 Bedroom units. The grounds have garage parking at the front of the property, and more surface parking at the rear. There is also onsite laundry available (leased) and the units are all individually metered. Wilmington has always been a strong rental market, with terrific access to Long Beach, San Pedro, and the rest of the South Bay! The Port of Los Angeles also provided thousands of stable jobs in the immediate vicinity, helping to maintain Wilmington's reputation as a stable investment market.
Location
State CA
County Los Angeles
Area 195 - West Wilmington
Interior
Laundry Laundry Area
Exterior
Garage Spaces 9.0
Pool None
Building
Water District - Public
Others
Tax ID 7416012036
Special Listing Condition Not Applicable
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