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.housing
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725 729 Sanford Ave
Wilmington, CA 90744 -
- Single-Family Home
- For Sale / Resale
- $1,500,000
- $6,716 / mo Mortgage Center
Property Details
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- Provided by: Marcus & Millichap
- Broker: Marcus & Millichap
- Listing Agent: Kevin King
Residential Inc - Wilmington, CA
725 729 Sanford Ave We are proud to offer a 20 unit apartment building located in Wilmington, Cali
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Listing Info for 725 729 Sanford Ave
- Price: $1,500,000
- Single-Family Home
- Status: For Sale
- Built in 1924
- Units in Building: 20
- MLS/Source ID: PW13016752
- Zip: 90744
School Info for 725 729 Sanford Ave
- School Districts: Los Angeles Unified School District
- Schools: Wilmington Park Elementary School, Pacific Harbor Christian School, Ss Peter and Paul School
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