123 E I Street, Wilmington, CA 90744
- $849,000
- List Price
- $849,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- SB26111113
- Year Built
- 1973
- Lot Size
- 6,023
- Acres
- 0.14
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 60
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Excellent owner-user or investment opportunity in the heart of Wilmington featuring a 4-unit property comprised of spacious 2-bedroom, 1-bath units with 8 rear parking spaces a rare and valuable feature in the area. Ideal for a buyer looking to occupy one unit while generating rental income from the remaining units. Located just minutes from the rapidly transforming Port of Los Angeles and the exciting waterfront redevelopment projects throughout the San Pedro harbor area, this property offers strong long-term upside potential. Nearby developments including the new West Harbor waterfront destination continue to bring new dining, entertainment, retail, and public improvements to the area. Conveniently situated near major freeways, local employment centers, and the evolving LA Waterfront corridor, this property presents a unique opportunity for an owner-occupant seeking supplemental rental income or an investor looking to add a well-located multi-unit asset in one of the harbor area’s growing communities.
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Additional Information
- Appliances
- Gas Oven, Gas Range, Refrigerator
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- City Lights
- Exterior Construction
- Stucco
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Tile Counters, All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $64,488
- Operating Expense
- 13000
Listing courtesy of Listing Agent: Vickie McShane (VLMCSHANE@AOL.COM) from Listing Office: Coastal Financial & Realty, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.