923 W G ST #8 Active Save Request In-Person Tour Request Virtual Tour
Wilmington,CA 90744
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25135361
HOA Y/N No
Year Built 1958
Lot Size 7,165 Sqft
Property Sub-Type Apartment
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
Zoning LAR3
Interior
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Fence Wrought Iron
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected,Natural Gas Available
View Y/N Yes
View Neighborhood
Total Parking Spaces 6
Private Pool No
Building
Lot Description Corner Lot,Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7416016015
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard