1052 N Wilmington Boulevard

Wilmington, CA 90744

About this property

Excellent investment opportunity to own a fourplex with multiple income streams. Each of the four units features 1 bedroom, 1 bathroom, a private yard, and washer/dryer hook ups. The interiors offer tile flooring throughout, and updated plumbing.Situated on an expansive 8,015-square-foot lot, the property includes five single-car garages plus additional off-street parking with convenient alley access. An added investment advantage is an existing commercial ground lease for an on-site advertising billboard, providing supplemental income beyond the residential rents.Ideally located within walking distance of schools, parks, shopping, and with convenient access to major freeways. Owner pays for water and insurance. With stable residential income, additional revenue from the billboard lease, ample parking, and zoned for C-1, this property presents endless possibilities.

About this property

Excellent investment opportunity to own a fourplex with multiple income streams. Each of the four units features 1 bedroom, 1 bathroom, a private yard, and washer/dryer hook ups. The interiors offer tile flooring throughout, and updated plumbing.Situated on an expansive 8,015-square-foot lot, the property includes five single-car garages plus additional off-street parking with convenient alley access. An added investment advantage is an existing commercial ground lease for an on-site advertising billboard, providing supplemental income beyond the residential rents.Ideally located within walking distance of schools, parks, shopping, and with convenient access to major freeways. Owner pays for water and insurance. With stable residential income, additional revenue from the billboard lease, ample parking, and zoned for C-1, this property presents endless possibilities.

Features and Additional Information

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$698,000 Active
2,609 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
BHHS California Properties
1-626-440-5100
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Area Information

195 West Wilmington | Los Angeles County | Other

$ 698,000
This listing is play_arrow 14.0% lower than the average in the area
$ 812,000 in the area
2,609 SqFt
This listing is play_arrow 69.9% larger than the average in the area
1,536 SqFt in the area
$ 268 $/SqFt
This listing is play_arrow 49.4% less than the average in the area
$ 529 $/SqFt in the area
95 days on site
This listing is play_arrow 97.9% above the average in the area
48 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Angela Liang
Brokerage: BHHS California Properties

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