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Wilmington, CA 90744,327 W D ST
Wilmington, CA 90744,327 W D ST
Wilmington, CA 90744,327 W D ST
$710,000
Est. payment /mo
$800,000
11.3%
Est.Price: ?

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4 Beds
4 Baths
1,981 SqFt
SOLD DATE : 08/22/2024

Key Details

Sold Price $710,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,981 sqft

Price per Sqft $358

MLS Listing ID 24399647

Bedrooms 4

Year Built 1939

Lot Size 4,800 Sqft

Property Description

We are pleased to present a 4-unit building (1 unit VACANT) located in the Wilmington neighborhood. This opportunity is located two blocks away from the Port of Los Angeles and in close proximity to the Wilmington Waterfront Park, the Wilmington Recreation Center, and the 110 freeway. The property's central location offers a short drive to both San Pedro and Long Beach providing tenants and owner-users numerous nearby amenities. The building currently operates at a 12.95 GRM on current rents, with rental upside potential to a 9.26 GRM and a 7.31% CAP on pro-forma rents. The property consists of single story building constructed in 1939 with a unit mix of 3 studio units and 1 one-bedroom unit. The property also features four uncovered onsite parking spaces in the rear accessible from the alley. Contact the listing team for additional information.

Location

State CA

County Los Angeles

Area 195 - West Wilmington

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Exterior

Parking Features Uncovered

Pool None

Building

Story 1

New Construction No

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Casey Lins • Kidder Mathews of California, Inc.
Bought with Vincent Cook • Kidder Mathews of California, Inc
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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