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Listed by Yolanda Andrade • Cornerstone Realty Group
$ 1,300,000
Est. payment /mo
Active
923 W G ST Wilmington, CA 90744
7,165 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25135361
Year Built 1958
Lot Size 7,165 Sqft
Source California Regional MLS
Property Description
Exceptional 8-Unit Investment Opportunity in Wilmington! First time on the market in over 40 years, this well-maintained 8-unit multifamily property offers an incredible opportunity for investors seeking stability and long-term value. Situated on a prime corner lot, this asset features (6) 1-bedroom/1-bath units and (2) 2-bedroom/1-bath units, each separately metered for gas and electricity - an important feature for minimizing owner expenses. Pride of ownership is evident throughout. The property boasts a new roof, newer dual-pane windows installed on most units, and a fresh exterior paint job, enhancing both curb appeal and longevity. The long-term tenants have taken great care of their homes, reflecting the property's strong community feel and consistent upkeep. Residents enjoy ample on-site parking with eight designated spaces in addition to street parking. All 9A compliance items have been completed, offering peace of mind for the next owner. This is a rare chance to acquire a turnkey investment in a thriving rental market, where opportunities like this seldom become available. Whether you're expanding your portfolio or entering the multifamily space, this Wilmington gem is one you won't want to miss.
Location
State CA
County Los Angeles
Area 196 - East Wilmington
Interior
Laundry None
Exterior
Garage Spaces 6.0
Pool 31, None
View Local/Neighborhood
Building
Water District - Public
Others
Tax ID 7416016015
Special Listing Condition Not Applicable
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