902 Island

Wilmington, CA 90744

PRICE REDUCED

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-$60,000 (-7.41%)

$750,000

List Price

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1953

calendar_month Built

Property Description

Wonderful Property!! Large corner lot with Two Duplex's , all 2 Bedroom 1 Bath apts. 3 Garages plus 4 parking spaces, facing the street. Each Unit has front and back yards. Under LA Rent Control with low rents & long term tenants. Potential of $2200/mo per unit 7.7 X Gross. (This eventually could be real money maker!! ) Priced at $255/SF REDUCED NOW so it is much lower than ALL Listings and most comparable Sales!! Nice section of Wilmington. Tenants pay for all utilities and that is a BIG plus factor. Copper Plumbing in all units. Diamond in the rough.

Listing Information

List Price $750,000
Status Pending
MLS SB24144986
Type Residential Income
Subtype Quadruplex
Year Built 1953
Lot Size 7,502
Structure Size N/A
DOM 63
Courtesy Of RE/MAX Estate Properties
Listing Agent Christine Ballesteros DRE#01280270
Co-Listing Agent James Harrison DRE#00813378

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: Christine Ballesteros, James Harrison, RE/MAX Estate Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.