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Dilbeck Real Estate
Real Living
818-790-6774

725 Sanford Avenue, WILMINGTON CA, 90744

(Closed)
Sold Price:
$1,350,000
Date:01/24/2014
|
9,200 sqft
|
MLS# PW13016752
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Listing Provided Courtesy Of: Marcus & Millichap
Last Updated: 4/16/2014 2:14 PM
Description for 725 Sanford Avenue WILMINGTON, CA 90744
We are proud to offer a 20 unit apartment building located in Wilmington, California. This investment consists of two 10 unit buildings which are situated on their own parcels. The unit mix consists of 16 one-bedroom / one-bath and four studio / one-bath units. The subject property was constructed in 1924 of wood-frame and stucco and is separately metered for electricity. Each 10 unit building has its own water meter and storage. The subject property is approximately one mile from the Long Beach and Los Angeles ports and is centrally located between the 710 Long Beach and 110 Harbor freeways. Because of its convenient location to local commerce and the limited supply of apartment buildings in the immediate area, the subject property?s units are in very high demand. This is a great opportunity for a buyer looking to acquire a cash flowing property with rental upside in a high demand location.
Price
Sold Price:
$1,350,000
Sold Date:01/24/2014
Los Angeles
9,200 (approx)
PW13016752
Closed
Description
We are proud to offer a 20 unit apartment building located in Wilmington, California. This investment consists of two 10 unit buildings which are situated on their own parcels. The unit mix consists of 16 one-bedroom / one-bath and four studio / one-bath units. The subject property was constructed in 1924 of wood-frame and stucco and is separately metered for electricity. Each 10 unit building has its own water meter and storage. The subject property is approximately one mile from the Long Beach and Los Angeles ports and is centrally located between the 710 Long Beach and 110 Harbor freeways. Because of its convenient location to local commerce and the limited supply of apartment buildings in the immediate area, the subject property?s units are in very high demand. This is a great opportunity for a buyer looking to acquire a cash flowing property with rental upside in a high demand location.
Listing Information
Property Type: Multi-Family
12,763 Sq. Ft. Public Records 9,200 (approx)
$146.74 1924
Public, Water District
Unknown
20 Total
Neighborhood
Room Information
Interior Features
Ground Level - no steps
Exterior / Lot Features
None
No Pool
Sidewalks, Street Lighting
Driving Directions
google maps
Financial Considerations
7424020012
$18,750
2011
Cash To New Loan
Income ,$61,894
167760.0000
Semi Annually
Listing Price History

WILMINGTON Real Estate

WILMINGTON is located in California. WILMINGTON, California 90744 has a population of  54,189.

The median household income in WILMINGTON, California 90744 is $37,277. The median household income for the surrounding county is $52,874 compared to the national median of $50,935. The median age of people living in WILMINGTON 90744 is 28.6 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Marcus & Millichap Kevin King
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved.
Information is deemed reliable but is not guaranteed.

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