$588,223
$650,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
526 Gulf AVE Wilmington, CA 90744
6,185 Sqft Lot
Key Details
Sold Price $588,223
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV15219047
Sold Date 12/16/15
Construction Status Repairs Cosmetic,Updated/Remodeled
HOA Y/N No
Year Built 1964
Tax Year 2014
Lot Size 6,185 Sqft
Property Description
Why pay close to Four Hundred Thousand for a Single Family Residence when you can own 4 units! You can rent all the units & collect positive cash flow or you can live in one of the units or two and rent out the rest. Have your mortgage(s) covered by your tenants! This is the American dream. Each unit has 2 bedrooms 1 bathroom and 2 car tandem parking space with a backyard in between. Every unit has some sort of an upgrade. Whether it's new paint, new cabinets, new carpet, remodeled bathrooms, refurbished stairways, & more this is ideal for investors and families. You're in one of the best locations of Wilmington. Down the street from the 110 Freeway, minutes from PCH where you can drive along the coast and enjoy scenery from Redondo Beach or Seal Beach to Huntington Beach, next to multiple parks and the Harbor Park Golf Course, next to the Los Angeles Harbor College, minutes from Elementary Schools, eateries, shopping, work opportunity in Long Beach to Carson to LAX and in between, & more. Make an offer today before it's SOLD! Better yet, take a weekend getaway at the trump national golf course or enjoy weekend getaways in Rancho Palos Verdes and weekend festivities in Long Beach, all are minutes from your new complex!
Location
State CA
County Los Angeles
Area 195 - West Wilmington
Interior
Fireplaces Type None
Equipment Satellite Dish
Fireplace No
Exterior
Parking Features Concrete, Driveway, One Space
Fence Block, Good Condition, Wood
Pool None
Community Features Street Lights, Sidewalks, Park
Utilities Available Sewer Available
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 16
Private Pool No
Building
Lot Description Back Yard, Lawn, Level, Near Park, Yard
Story 2
Entry Level Two
Water Public
Level or Stories Two
Construction Status Repairs Cosmetic,Updated/Remodeled
Others
Senior Community No
Tax ID 7417014014
Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA, VA Loan
Financing VA
Special Listing Condition Standard
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Bought with William Boehler • John Aaroe Group