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$1,568,000

Beds
Unknown
sq ft
Unknown

844 King Ave, Wilmington, CA 90744

844 King Ave

Wilmington, CA 90744

  • 15 days on market
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!

Details

Property type

Mixed Use

Lot size

7,011 sq ft

Price per sq ft

Unknown

Year built

1960

HOA

No

Price History

11/07/2024
CRMLS

CRMLS #TR24226690

Listed
$1,568,000

Schools & Community

Neighborhood: 

Wilmington

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

Status: Active

Tomo last checked: 11/22/2024 at 8:00 AM

Listing updated: 11/14/2024 at 3:49 AM

Listed by: Sophia De La Vara, Berkshire Hathaway HomeServices California Properties Phone #: (626) 363-1111

MLS: CRMLS #TR24226690

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