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Dana Point Office

[email protected] +1(949) 709-1555

$ 1,300,000

Est. payment -/mo

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Active

923 W G ST #8 Wilmington, CA 90744

7,165 Sqft Lot

UPDATED:

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

Listed by Yolanda Andrade Cornerstone Realty Group 909-841-6737

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