Wilmington, CA 90744,844 King AVE
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Wilmington, CA 90744,844 King AVE
Wilmington, CA 90744,844 King AVE
Wilmington, CA 90744,844 King AVE
Wilmington, CA 90744,844 King AVE
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844 King AVE Wilmington, CA 90744

7,013 Sqft Lot


UPDATED:

12/10/2024 08:22 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR24226690

HOA Y/N No

Year Built 1960

Lot Size 7,013 Sqft

Property Description

For the first time in over 20 years, this exceptional 8-unit property in Wilmington is available for sale! Situated on a generous 7,011-square-foot lot, the building comprises eight 2-bedroom, 1-bathroom units, each approximately 672 square feet, totaling 5,376 square feet of rentable living space. This property offers convenient community laundry facilities and an open parking lot for tenants, ensuring ample parking space.
Fully occupied and generating consistent rental income, each tenant pays for their own gas and electricity, while the owner covers water and trash expenses. Properties of this caliber, especially with long-standing tenant occupancy, are rare in Wilmington’s competitive market. This is a prime investment opportunity that won’t last long!

Location

State CA

County Los Angeles

Area 195 - West Wilmington

Zoning LAR1

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Parking Features None

Fence None

Pool None

Community Features Curbs

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 8

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7416013001

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Sophia De La Vara • Berkshire Hathaway HomeServices California Properties • 562-755-9650

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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844 King AVE