126 W D Street

    Wilmington, CA 90744
    • $1,750,000
    • STATUS: Active
    • ON SITE: 158 days
    • ID#: 19464444
    UPDATED: 55 min ago
    $1,750,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,544
      SQFT
    • $316
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1918
    County:

    School Ratings & Info

    Description

    -Dense Wilmington Rental Market -Located in an Opportunity Zone - Investors May Be Eligible for Significant Tax Benefits -Walking Distance to Retail Shops of Avalon Boulevard & Anaheim Street -Close Proximity to Harbor Park Golf Course, Neighboring Schools, & Port of Los Angeles -Turnkey Asset with Legitimate Rental Upside -Current 6.44% Cap Rate & 8.58 GRM -Pro-Forma 7.63% Cap Rate & 7.72 GRM *Adjacent parcel (APN: 7418-023-001) available for purchase for $250,000.*

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T17:37:53.493. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/94560833

    126 W D Street Wilmington, CA 90744

    • Price: $1,750,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 19464444
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,544
    SQFT
    $316
    $/SQFT
    1918
    Built
    Neighborhood:
    195 - West Wilmington
    County:
    Los Angeles
    Area:
    195 - West Wilmington
    Property Description
    -Dense Wilmington Rental Market -Located in an Opportunity Zone - Investors May Be Eligible for Significant Tax Benefits -Walking Distance to Retail Shops of Avalon Boulevard & Anaheim Street -Close Proximity to Harbor Park Golf Course, Neighboring Schools, & Port of Los Angeles -Turnkey Asset with Legitimate Rental Upside -Current 6.44% Cap Rate & 8.58 GRM -Pro-Forma 7.63% Cap Rate & 7.72 GRM *Adjacent parcel (APN: 7418-023-001) available for purchase for $250,000.*
    Exterior Features

    Lot Size Source Estimated Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 6.44 Gross Multiplier 8.58 Gross Operating Income 197220.00 Improvements Amount 697924 Insurance Expense 4548.00 Land Value 231900 Laundry YN Yes Maintenance Expense 8400.00 Net Operating Income 112651.00 Other Expense 5600.00 Other Income1 3600.00 Professional Management Expense 7896.00 Special Listing Conditions Standard Taxes Percent 1.19 Total Actual Rent 204000.00 Total Expenses 84749.00 Trash Expense 2400.00 Vacancy Allowance 10380 Vacancy Allowance Rate 5.00 Water Sewer Expense 26880.00 Zoning Lamr1

    Listing provided courtesy of Gianluca Jacoli of Shield Cre, Inc. and Jonathan Nikfarjam of Shield Cre, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T17:37:53.493. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
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