Wilmington, CA 90744,947 N Wilmington Blvd
Wilmington, CA 90744,947 N Wilmington Blvd
Wilmington, CA 90744,947 N Wilmington Blvd
4
$1,600,000
$1,600,000
Est.Price: ?

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12 BD
8 BA
6,213 SqFt

947 N Wilmington Blvd Wilmington, CA 90744

Est. payment /mo
SOLD DATE : 01/21/2022

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Key Details

Sold Price $1,600,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 6,213 sqft

Price per Sqft $257

MLS Listing ID 21-774310

Sold Date 01/21/22

Bedrooms 12

Year Built 1962

Lot Size 7,226 Sqft

Acres 0.1659

Property Description

Back on Market. We are pleased to present an investment opportunity to acquire an 8-unit value-add property in Wilmington. Cheap price per foot and tons of meat on the bones. This large 8-unit property includes 4 1b/1b units and 4 2b/1b units. The property has been mismanaged for many years. A new purchaser can significantly improve the properties cash flow with the implementation of a number of value add strategies that are discussed more fully in the supplemental due diligence package---available by request only. Also available offering memorandum. This wont last long. Call for offers September 1st. *30% upside in rents, *Many tenants not on lease which can create additional turnover, *Cheap price per foot, *Well maintained building.

Location

State CA

County Los Angeles

Area West Wilmington

Zoning LAC1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Uncovered

Garage Spaces 8.0

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Marcus & Millichap
Bought with Marcus & Millichap

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agent

Dallas Baker

+1(424) 243-7444

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