1722 N Wilmington

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1722 N Wilmington

Wilmington, CA 90744
Asking Price
$875K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Wilmington
  • Asset features three distinct residential rental units
  • Asking price for the property is 875000 dollars
  • Located in a region with significant industrial employers
  • Strategically positioned within the Greater Los Angeles market

What's Special

Investors seeking to expand their residential holdings in the Los Angeles metro area may find this multifamily apartment building at 1722 N Wilmington an appropriate addition to a portfolio. The asset consists of 3 units, providing a stabilized residential income stream within the Wilmington submarket. This area of Southern California benefits from its proximity to significant logistical and industrial hubs, including the bustling ports of Los Angeles and Long Beach, which sustain a consistent demand for workforce housing among local employees and residents. The property is well-positioned for those looking to manage a small-scale rental asset in a densely populated region where residential demand remains steady. Its layout and unit count offer an accessible entry point or a manageable supplementary investment for active landlords targeting the growing coastal market. Buyers can leverage the existing structure to serve the ongoing need for housing in this established community, capitalizing on the reliable tenant base associated with the proximity to major regional employment centers and key transportation infrastructure.

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NOI
$80,000
Cap Rate
9.14%
DSCR
1.54
Strong
Cash-on-Cash
10.69%
Monthly Payment
$4,329.023
Annual Cash Flow
$28,051.729

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