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    729 N Marine Ave

    Wilmington, CA 90744
    • $2,020,202
    • STATUS: Active Under Contract
    • ON SITE: 54 days
    • ID#: 20-612080
    Under Contract
    UPDATED: 3 min ago
    $2,020,202
    • 12
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,036
      SQFT
    • $251
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    We are proud to present this charming 12 unit apartment building in prime Wilmington. This property cash flows day one at a 5.15% cap rate with the current rents and still has a ton of upside potential! Please contact the listing agents directly for more info. Showings with accepted offer only. PLEASE DO NOT DISTURB TENANTS.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T13:43:02.973. 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.
    www.brandiprattrealestate.com/homes/108444400
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    729 N Marine Ave Wilmington, CA 90744

    • Price: $2,020,202
    • Status: Active Under Contract
    • Updated: 3 min ago
    • ID#: 20-612080
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    8,036
    SQFT
    $251
    $/SQFT
    1923
    Built
    Neighborhood:
    West Wilmington
    County:
    Los Angeles
    Area:
    West Wilmington
    Property Description
    We are proud to present this charming 12 unit apartment building in prime Wilmington. This property cash flows day one at a 5.15% cap rate with the current rents and still has a ton of upside potential! Please contact the listing agents directly for more info. Showings with accepted offer only. PLEASE DO NOT DISTURB TENANTS.
    Exterior Features

    Lot Size Area 8882 Other Structures Other Parking Garage Driveway Total Parking 2

    Interior Features

    Baths Total 12.00 Cooling Other Equipment None Heating Other

    Property Features

    Assessed Total Value 912492 Gross Income 163624 Gross Operating Income 158715 Like Units1 12 Net Operating Income 104060.00 Number Of Buildings 1 Number Of Units 12 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 54655 Type Of Units Apartments Year Built Source Other Zoning Lac2

    Listing provided courtesy of Derek Reilly DRE#02072548 of Keller Williams Beach Cities.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T13:43:02.973. 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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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583