$1,073,250
$1,150,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
2,970 SqFt
SOLD DATE : 01/10/2022
Key Details
Sold Price $1,073,250
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,970 sqft
Price per Sqft $361
MLS Listing ID SB21111381
Sold Date 01/10/22
HOA Y/N No
Year Built 1984
Lot Size 5,131 Sqft
Acres 0.1178
Property Description
We are proud to present our latest investment opportunity, 1107 West Pacific Coast Highway. Located in Wilmington, this 7 unit, workhorse property is listed at just under a 5% Cap Rate, and would be a terrific addition to any investor’s portfolio! The building is comprised of all Studio units, and features ample parking for tenants in the private back lot. The units are nicely laid out, and show well. Utilities are master-metered for gas and electricity, and there is also common area laundry provided for tenant convenience.
Location
State CA
County Los Angeles
Area 195 - West Wilmington
Zoning LAC2
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 7
Private Pool No
Building
Lot Description Street Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7414024018
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Anthony Scales • The Realestate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner