327 D St, Wilmington, CA 90744
4 Unit Apartment Building | $800,000 ($200,000/Unit) | 4.56% Cap Rate | Wilmington, CA 90744
Asking Price $800,000
- Property Type
-
Multifamily
- Square Feet
- 1,981 SF
Listing Contacts
Casey Lins
Vincent Cook
- Property Info
Property Overview
We are pleased to present a 4-unit building (1 unit VACANT) located in the Wilmington neighborhood. This opportunity is located two blocks away from the Port of Los Angeles and in close proximity to the Wilmington Waterfront Park, the Wilmington Recreation Center, and the 110 freeway. The property’s central location offers a short drive to both San Pedro and Long Beach providing tenants and owner-users numerous nearby amenities. The building currently operates at a 12.95 GRM on current rents, with rental upside potential to a 9.26 GRM and a 7.31% CAP on pro-forma rents. The property consists of single story building constructed in 1939 with a unit mix of 3 studio units and 1 one-bedroom unit. The property also features four uncovered onsite parking spaces in the rear accessible from the alley.
Property Details
- Year Built
- 1939
- Stories
- 1
- Lot Size (sq. ft)
- 4,792 SF
- Units
- 4
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].