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.
Copyright 1999-2013 and Patent Pending, ZipRealty, Inc. All rights reserved.
Follow Us On
The information being provided by SoCalMLS, CRISNet Regional MLS, CARETS is 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. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS, CRISNet Regional MLS, CARETS. ZipRealty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ZipRealty, Inc., a broker participant of SoCalMLS, CRISNet Regional MLS, CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by SoCalMLS, CRISNet Regional MLS, CARETS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2013 SoCalMLS, CRISNet Regional MLS, CARETS. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, SoCalMLS Inc
Data last updated: Thursday, December 5, 2013 at 10:45 PM
If a listing displays "Short Sale/Subject to Lender Approval" then that listing has been identified by the seller and the listing broker as a "Short sale." This means that, at the listed price, the proceeds from the sale may not be adequate to pay all liens and costs of sale. Any offer made that does not fully cover the existing amount(s) owed to the lienholder(s) plus the costs of sale could be subject to lienholder approval, which approval may be exercised at the sole and exclusive discretion of the lienholder(s).