Property listed by VIP RE Firm, Daniel Terrazas 310-730-9489
$1,199,000
New modern South Bay living near the Port of Los Angeles! This property sits in the heart of Wilmington and bordered line with San Pedro and Harbor City. Conveniently close to major transits, this property is couple blocks from the 110 FWY, PCH, 47 HWY, and 710 FWY (86 Walk… Read More Score). G st is perfect investors who are looking for different exit strategies or a BIG family that want to buy together. Investors get to enjoy a nice cash flow off this home with a pro-forma of $96,000 in annual gross rents. Amazing est. 6% CAP rate and a 12.5X GRM. Property has total of 8 bedrooms and 8 baths. Yes thats right, each units offers 4 bedroom and 4 baths (3 masters on each unit) which can give you an option to also rent by the room and potentially increase your cashflow, or force value by building up to 2 ADUs in the rear. FIRST TIME HOME BUYERS, don't feel discouraged. This property qualifies with FHA financing where you have the opportunity to come with a low downpayment. property has all the modern touches in today’s market such as laminate flooring recessed lighting, central AC and heating, washroom, PAID OFF solar systems, and very low expenses for landlords. Both units have separate utilities including water meters. Near retailers include Food-4-Less, El Super, Famous Isaac's Cafe, Mc Donals, WSS and many more. This by far is one of the best property in the neighborhood. Come check it out before is gone! Read Less
Listing Snapshot
Days Online
22
Last Updated
Property Type
Duplex
Lot Size
0.11 Acres
Year Built
2025
MLS Number
DW26011345
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Building
Built in 2025, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Front, Construction Materials: Drywall, Stucco
Community
Sidewalks
Cooling
CentralAir, Dual
Energy Saving
Energy Generation: Solar
Expenses
Insurance: $3,500, Operating: $23,340
Exterior Features
RainGutters
Fence
WroughtIron
Fireplaces
None
Floors
Laminate
Foundation
Raised
Heating
Central
Income
Gross ScheduledIncome: $96,000, Net Operating Income: $74,400
Interior Features
QuartzCounters, RecessedLighting
Laundry
LaundryRoom
Lot
0.1105 acres, ZeroToOneUnitAcre
Parking
8 open parking spaces, 8 total parking spaces, Assigned
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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