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Key Details
Sold Price $1,260,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB14129852
Year Built 1987
Tax Year 2013
Lot Size 7,666 Sqft
Property Description
The subject property is located at 930 North Marine Avenue, a 10 unit building in Wilmington, California. This Property presents an excellent opportunity for an investor to acquire a well-maintained asset in a core rental market adjacent to the Port of Los Angeles with convenient access to the South Bay and the rest of Los Angeles County.
The building consists of two two-bedroom/two-bathroom units, and eight one-bedroom/one-bathroom units. the property also features safe onsite parking, and also has an onsite laundry room for the tenant's convenience. The units are large and utilities are individually metered for gas and electricity.
Due to the property's age, this building is not subject to rent control. The property is located close to one of the largest employers in the nation, the Port of Los Angeles.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Exterior
Parking Features Garage
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Curbs
Utilities Available Sewer Connected
Building
Lot Description 0-1 Unit/Acre
Water Public
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Bought with Daron Case • RE/MAX Commercial & Inv Realty