Bought with Michael Geluz • Legacy Realty & Investments
$1,050,000
$1,161,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
504 W L ST Wilmington, CA 90744
7,025 Sqft Lot
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CROC23131929
Sold Date 01/19/24
Year Built 1953
Lot Size 7,025 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
MOTIVATED SELLER! Are you in search of a meticulously cared-for investment property that can be easily managed on your own? Look no further than this fully occupied, well-maintained fourplex. This property consists of one spacious 2+1 unit and three comfortable 1+1 units, with an added bonus/office/den room in one of the 1+1 units. 2 remodeled units and bathrooms have been recently updated, giving them a touch of modernity. Each unit has its own separate meters, with the exception of water (2 tenants pay RUBS). Additionally, each unit offers its own front-fenced area, providing privacy and individuality. The end unit, featuring a generous 2/1 layout, comes with a huge front and side yard, like living in a single-family residence. In addition to a 1 car garage, there is driveway parking and an available side parking spot. Situated on a 7,025-square-foot lot in the heart of Wilmington, this fourplex presents a fantastic opportunity to secure your future in the thriving Wilmington real estate market. This property also offers the potential for additional income through the installation of a coin laundry facility. It is an ideal investment for an owner looking to manage their own rentals or a family seeking to establish a rental portfolio. Drive-by only. PLEASE do not disturb the ten
Location
State CA
County Los Angeles
Area 195 - West Wilmington
Interior
Heating Wall Furnace
Cooling None
Laundry None
Exterior
Garage Spaces 3.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 7420017016
Special Listing Condition Not Applicable
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