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1412 Ravenna
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building located in Wilmington, California
- The property consists of two individual residential units
- Asset is currently offered at an asking price of $699,000
- Investment produces an established cap rate of 4.65 percent
- Property is situated within the active Los Angeles metropolitan area
What's Special
This multifamily apartment building comprises two units situated in Wilmington, California. The asset provides an entry-level investment opportunity within the Los Angeles metro area, a region characterized by consistent tenant demand and proximity to major industrial and port-related employment hubs. The property is positioned at 1412 Ravenna, placing residents near essential regional infrastructure and transportation corridors that link the local community to the broader Southern California economy. Investors may find this property suitable for long-term hold strategies or portfolio expansion in a market that supports rental stability. The configuration of the asset offers clear utility for residential leasing in a densely populated urban environment. Given the asset size, it represents a manageable addition to a rental property collection in a submarket where housing supply remains a primary focus for the local workforce.
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