1043 Island Avenue

    Wilmington, CA 90744
    • $625,000
    • STATUS: Active
    • ON SITE: 49 days
    • ID#: SB18104937
    $625,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,192
      SQFT
    • $285
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Significant upside in rents as tenants move out.Walking distance to YMCA and elementary school.Large lot with onsite parking for four vehicles.Convenient location 4 blocks from Food 4 Less, Wells Fargo, and Rite Aid.4 on-site parking spaces. All units have washer/dryer hookups.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T00:31:37.313. 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.
    www.playavistaliving.com/homes/83267601

    1043 Island Avenue Wilmington, CA 90744

    • Price: $625,000
    • Status: Active
    • ID#: SB18104937
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,192
    SQFT
    $285
    $/SQFT
    1923
    Built
    Neighborhood:
    195 - West Wilmington
    County:
    Los Angeles
    Area:
    195 - West Wilmington
    Property Description
    Significant upside in rents as tenants move out.Walking distance to YMCA and elementary school.Large lot with onsite parking for four vehicles.Convenient location 4 blocks from Food 4 Less, Wells Fargo, and Rite Aid.4 on-site parking spaces. All units have washer/dryer hookups.
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features None Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.26 Community Features CurbsStreet LightingUrban Country Us Electric Expense 1000.00 Elevation Units Feet Fuel Expense 671.00 Gross Income 42864.00 Gross Multiplier 14.58 Gross Scheduled Income 42864.00 Insurance Expense 516.00 Land Lease YN No Laundry YN No Maintenance Expense 2600.00 Net Operating Income 26630.00 New Taxes Expense 7456.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 14948.00 Pest Control Expense 535.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 14948.00 Trash Expense 270.00 Water Sewer Expense 1300.00 Water Source Public Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Olga Wright of Re/Max Commercial & Investment and Stephen Lampe of Re/Max Commercial & Investment.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T00:31:37.313. 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.
     
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