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33504934
33504882

10952 Wilmington Ave, Los Angeles, CA 90059

SH
CA 01718399
$875,000
0 days on market
Updated 0 days ago
Opportunity zone

10952 Wilmington Ave

Details
APN 6067-006-052
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,328
Units 2
Beds 6
Cap Rate 7.02%
NOI $61,399
Occupancy 100%
Tenancy Multi
Price per SqFt $376
Year Built 2014
Buildings 1
Stories 2
Lot Size (SqFt) 3,253
Zoning LAC2
Parking Spaces 4 spaces
Parking Per SqFt 1.72
Investment Type Stabilized

Multifamily | 7.02% CAP | 2 Units

Marketing description

Well-maintained 2014-built duplex offering an excellent investment opportunity with strong cash flow and stable tenancy in the Los Angeles market. Each spacious unit features 3 bedrooms and 2 bathrooms, making this property highly attractive to both investors and owner-occupants. The property currently generates $6,790 per month ($81,480 annually) in gross rental income with reliable tenants in place, including a Section 8 tenant providing consistent, government-backed payments. Built in 2014, this duplex benefits from newer systems, modern functional layouts, and significantly lower maintenance requirements compared to older multifamily properties in the area. It is also conveniently located near major freeways, public transportation, schools, and shopping centers. Whether you are looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property presents a rare opportunity to own a newer construction, turn-key duplex.

Investment highlights

  • Well-maintained 2014-built duplex offering an excellent investment opportunity with strong cash flow and stable tenancy in the Los Angeles market
  • Each spacious unit features 3 bedrooms and 2 bathrooms, making this property highly attractive to both investors and owner-occupants
  • The property currently generates $6,790 per month ($81,480 annually) in gross rental income with reliable tenants in place, including a Section 8 tenant providing consistent, government-backed payments
  • Built in 2014, this duplex benefits from newer systems, modern functional layouts, and significantly lower maintenance requirements compared to older multifamily properties in the area
  • Conveniently located near major freeways, public transportation, schools, and shopping centers
  • Rare opportunity to own a newer construction, turn-key duplex

Listing Contacts

SH
CA 01718399

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$61,399.00
$5,116.58/mo

Valuation Metrics

0
DSCR
7.02%
Cap Rate
7.02%
ROI

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Additional Information

Name
Ssara Hwang
License
01718399
Brokerage
Urban Real Estate
Brokerage Phone
2135909908
Title
Broker Associated
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