Wilmington, CA 90744,715 King Avenue
Wilmington, CA 90744,715 King Avenue
Wilmington, CA 90744,715 King Avenue
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$1,340,000

$1,485,000

9.8%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

9,087 Sqft Lot


SOLD DATE : 10/07/2022

Key Details

Sold Price $1,340,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB22171726

Sold Date 10/07/22

Bedrooms 4

HOA Y/N No

Lot Size 9,087 Sqft

Property Description

715 King Avenue is a terrific 9 unit investment property featuring tremendous upside potential of about 80% +/-! The units are a mix of One 2 Bedroom unit and Eight 1 Bedroom units. The grounds have garage parking at the front of the property, and more surface parking at the rear. There is also onsite laundry available (leased) and the units are all individually metered. Wilmington has always been a strong rental market, with terrific access to Long Beach, San Pedro, and the rest of the South Bay! The Port of Los Angeles also provided thousands of stable jobs in the immediate vicinity, helping to maintain Wilmington's reputation as a stable investment market.
715 King Avenue is a terrific 9 unit investment property featuring tremendous upside potential of about 80% +/-! The units are a mix of One 2 Bedroom unit and Eight 1 Bedroom units. The grounds have garage parking at the front of the property, and more surface parking at the rear. There is also onsite laundry available (leased) and the units are all individually metered. Wilmington has always been a strong rental market, with terrific access to Long Beach, San Pedro, and the rest of the South Bay! The Port of Los Angeles also provided thousands of stable jobs in the immediate vicinity, helping to maintain Wilmington's reputation as a stable investment market.

Location

State CA

County Los Angeles

Area Wilmington (90744)

Zoning Public Rec

Building

Lot Description Curbs

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash, Exchange

Space Rent $1,250

Listing Terms Cash, Exchange

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San Diego Regional MLS (SDMLS)
Listed by Josh Cohen • Keller Williams Beach Cities
Bought with Josh Cohen • Keller Williams Beach Cities
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+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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