קוֹנדוֹמִינִיוֹן | למכירה אֶבֶן רֹאשָׁה קליפורניה

Palm View Terrace is offered for sale as part of 3 building, 24 unit Wilmington portfolio that may be purchased collectively or individually. *** We are proud to present Palm View Terrace, a multifamily investment property totaling 9 units located at 203 W Opp St. Wilmington, CA 90744. This spacious 9-unit apartment building was built in 1964. The property is 2 stories and offers 7 one-bedroom units, 1 two-bedroom/one-bath units, and 1 two-bedroom/two-bath unit. Apartments include wall A/C units and are separately metered for gas & electricity. Unit #1 comes with a private gated patio. The building construction is comprised of wood frame with a flat roof and painted stucco exterior. The total building square footage is ±6,424 on a ±7,234 square foot lot zoned LARD1.5. This investment opportunity presents an ideal income property for an investor looking to acquire a value-add asset with significant rental upside potential. Common area amenities include a laundry room and 9 on-site parking spaces (2x2 Carport+5 Tuck-under). There is additional storage space beneath the stairwells for potential added income. The property is located on a corner lot and offers nice curb appeal. Aesthetically, the grounds and building are reasonably kept and maintained. The building has gated entry from an alley off of W Opp St. 203 W Opp St. is located in a highly urbanized community of Wilmington, CA within Los Angeles County in a community among other apartment buildings and near commercial strip centers on the main thoroughfare of Avalon Blvd. The building is a short distance drive to the 110 and 1 Fwys. It is roughly 15 minutes driving to the Long Beach Harbor and the Queen Mary. Nearby destinations include Los Angeles Harbor College and Ken Malloy Harbor Regional Park which is approximately one and a half miles away for residents to enjoy some recreation time. The property itself boasts a 91 walk score and 84 bike score as it is in close proximity to many stores and restaurants. + Property Highlights + ±56% rental upside + Part of a 3 building, 24 unit Wilmington portfolio + Curb appeal + Attractive unit mix + Spacious units + Corner lot property + Value-add opportunity + Strong rental market + Central location + Excellent freeway access MLS® ID: SR22183632 Listed: 8/30/22 Updated: 10/4/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: Common Area, See Remarks Exterior/Building Features Lot Size: 7,234 ft2 lot Sewer: Public Sewer Other Property Details Area Name: 195 - West Wilmington HOA Amenities: Curbs, Fishing, Park, Street Lights, Sidewalks, Urban Garage: No Parking: Carport, On Site, One Space, See Remarks Parking Total: 9.0 View: N County: Los Angeles Water Source: Public Pool: No Pool Description: None Total Stories: 2 Property History Date Event Price Value 9/22/22 Pending - - Listed by Raymond Rodriguez, Keller Williams Realty Calabasas, Based on information from California Regional Multiple Listing Service, Inc. as of 10/4/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.