832 King Avenue

    Wilmington, CA 90744
    • $675,000
    • STATUS: Active
    • ON SITE: 223 days
    • ID#: SB19049290
    UPDATED: 44 min ago
    $675,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,689
      SQFT
    • $251
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1931
    County:

    School Ratings & Info

    Description

    Great starter units in Wilmington. Close to public transit and shops. Property is under LA City RSO. Long-term upside to benefit from Wilmington redevelopment investment. The Wilmington Waterfront Promenade Construction will begin in 2019 on two new open park spaces designed by T.Y. Lin International and Boston-based Sasaki with a completion date of 2021. The Wilmington Waterfront Promenade is an extension of the current park and will be built in an area now occupied by storage tanks and industrial buildings, thereby creating a +G+window on the Waterfront+G- for the Wilmington community within the Port of Los Angeles. It will include a waterfront promenade, pedestrian plaza and parking lot.

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    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/92368350

    832 King Avenue Wilmington, CA 90744

    • Price: $675,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: SB19049290
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,689
    SQFT
    $251
    $/SQFT
    1931
    Built
    Neighborhood:
    195 - West Wilmington
    County:
    Los Angeles
    Area:
    195 - West Wilmington
    Property Description
    Great starter units in Wilmington. Close to public transit and shops. Property is under LA City RSO. Long-term upside to benefit from Wilmington redevelopment investment. The Wilmington Waterfront Promenade Construction will begin in 2019 on two new open park spaces designed by T.Y. Lin International and Boston-based Sasaki with a completion date of 2021. The Wilmington Waterfront Promenade is an extension of the current park and will be built in an area now occupied by storage tanks and industrial buildings, thereby creating a +G+window on the Waterfront+G- for the Wilmington community within the Port of Los Angeles. It will include a waterfront promenade, pedestrian plaza and parking lot.
    Exterior Features

    Garage Spaces 3.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 3.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features None Room Type All Bedrooms Down

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Suburban Country Us Elevation Units Feet Gross Income 58260.00 Gross Scheduled Income 54660.00 Insurance Expense 1500.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 300.00 Laundry YN No Maintenance Expense 5563.00 Net Operating Income 34927.00 New Construction YN No New Taxes Expense 8737.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 17000.00 Other Expense Description Estimate Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 17000.00 Trash Expense 1200.00 Vacancy Allowance Rate 5.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lar1

    Listing provided courtesy of Ante Perkov of Capwest Real Estate


    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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