Property listed by BRC Advisors- BH, Griffin White
$3,495,000
We are pleased to offer this fourteen unit investment opportunity, located in the County of Los Angeles. The unit mix consists of two 1+1, eight 2+1, and four 3+2 units. The investment consists of approximately 12,122 of rentable square feet and is situated on two adjacent parcels totaling approximately 29,359… Read More square feet. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and seven of the units have recently been renovated. The building amenities include a large parking area with several spaces and driveway spots, an on-site laundry room generating additional income, and the property is separately metered for both gas & electricity. The 12700 Wilmington parcel is located in the H30 zone which allows you to build 30 units per acre of land. This allows a new investor to add five units by right and four additional ADUs (per county planner/buyer to verify). Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
30
Square Ft.
12,122
Lot Size
0.67 Acres
Year Built
1992
MLS Number
25486383
30 Days Snapshot Of 90222
$669k
0%
(avg) sold price
0
-100%
homes sold
97
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1992, Building area total: 12,122, Levels: One, Living area: 12122, 1 story, 2 buildings
Income
Gross income: $329,398, Net operating income: $213,345
Lot
0.674 acres, 29,359 square feet, Size: 29,359
Parking
14 totals parking, Driveway
Property
Zoning: LCR3*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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