823 Lagoon AVE Wilmington, CA 90744

*** Lagoon Flats is offered for sale as part of 3 building, 24 unit Wilmington portfolio that may be purchased collectively or individually. *** We are proud to present Lagoon Flats, a multifamily investment property totaling 7 units located at 823 Lagoon Ave. Wilmington, CA 90744. This spacious 7-unit apartment building was built in 1965. The property is 2 stories and offers 4 one-bedroom units and 3 two-bedroom/one-bath units. The apartments include wall A/C units and are separately metered for gas & electricity. The building construction is comprised of wood frame, flat roof, painted stucco exterior and brick accent. The total building square footage is ±5,301 on a ±7,512 square foot lot zoned LARD1.5. This investment opportunity presents an ideal income property for an investor looking to acquire a value-add asset with significant rental upside potential. Common area amenities include a laundry room and 7 on-site parking spaces (2 two-car garages and 3 one-car garages). There is a well landscaped frontage of the building.  Aesthetically, the corner-lot asset has curb appeal.  The property grounds and building are reasonably kept and maintained.  Per LADBS website, the seismic soft-story retrofit is not required. The building entry is acces