Wilmington, CA 90744,844 King AVE
Wilmington, CA 90744,844 King AVE
Wilmington, CA 90744,844 King AVE
14
$1,248,000
$1,468,000
15.0%
Est.Price: ?

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7,011 Sqft Lot

844 King AVE Wilmington, CA 90744

Est. payment /mo
SOLD DATE : 02/06/2025

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Key Details

Sold Price $1,248,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRTR24226690

Sold Date 02/06/25

Originating Board California Regional MLS

Year Built 1960

Lot Size 7,011 Sqft

Property Description

For the first time in over 20 years, this exceptional 8-unit property in Wilmington is available for sale! Situated on a generous 7,011-square-foot lot, the building comprises eight 2-bedroom, 1-bathroom units, each approximately 672 square feet, totaling 5,376 square feet of rentable living space. This property offers convenient community laundry facilities and an open parking lot for tenants, ensuring ample parking space. Fully occupied and generating consistent rental income, each tenant pays for their own gas and electricity, while the owner covers water and trash expenses. Properties of this caliber, especially with long-standing tenant occupancy, are rare in Wilmington's competitive market. This is a prime investment opportunity that won't last long!

Location

State CA

County Los Angeles

Area 195 - West Wilmington

Interior

Heating Wall Furnace

Cooling None

Laundry In Laundry Room, Washer/Dryer - Leased, Community Facility

Exterior

Parking Features No Parking

Garage Spaces 8.0

Pool 31, None

View None

Roof Type Composition

Building

Water District - Public

Others

Tax ID 7416013001

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Sophia De La Vara • Berkshire Hathaway HomeServices California Properties
Bought with Sophia De La Vara

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agent

Carlos Gutierrez

Agent | License ID: 1461866

+1(831) 345-9991

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