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Key Details
Sold Price $890,000
Property Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 2,536 sqft
Price per Sqft $350
MLS Listing ID SB22069745
Sold Date 05/19/22
Style All Other Attached
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1963
Lot Size 4,739 Sqft
Acres 0.1088
Property Description
Have a big family or looking for tenants to help pay for your mortgage or get a great investment? Check out this wonderful triplex in Wilmington that can do all 3. Each unit in this triplex has 2 bedrooms and 1 bath. The front building has top and bottom units and the third unit is a detached bungalow with a private front and rear yard. This triplex will be delivered with 2 units vacant - a rare find in todays market! The third unit will remain with tenants and is collecting $1,750 a month in rent. Triplex has been well maintained with many upgrades totaling almost $100,000 in renovations over recent years. The back and detached unit had complete electrical work done in 2019 and earthquake retrofitted in 2018. New plumbing was installed in the back unit in 2013 and the front units in 2017. The rear unit has all new flooring and drywall in the living room, bathroom and kitchen. The other units have been updated as well and all 3 units had new furnaces installed in 2015. The beautiful stucco and wrought iron fence and gate have been recently installed. The private front yard of the back bungalow has been cemented for easy maintenance this year. This triplex is a perfect opportunity for an investor looking for passive income or a buyer looking to live in one and rent out the others or a multi-family arrangement. Come and take a look today!
Have a big family or looking for tenants to help pay for your mortgage or get a great investment? Check out this wonderful triplex in Wilmington that can do all 3. Each unit in this triplex has 2 bedrooms and 1 bath. The front building has top and bottom units and the third unit is a detached bungalow with a private front and rear yard. This triplex will be delivered with 2 units vacant - a rare find in todays market! The third unit will remain with tenants and is collecting $1,750 a month in rent. Triplex has been well maintained with many upgrades totaling almost $100,000 in renovations over recent years. The back and detached unit had complete electrical work done in 2019 and earthquake retrofitted in 2018. New plumbing was installed in the back unit in 2013 and the front units in 2017. The rear unit has all new flooring and drywall in the living room, bathroom and kitchen. The other units have been updated as well and all 3 units had new furnaces installed in 2015. The beautiful stucco and wrought iron fence and gate have been recently installed. The private front yard of the back bungalow has been cemented for easy maintenance this year. This triplex is a perfect opportunity for an investor looking for passive income or a buyer looking to live in one and rent out the others or a multi-family arrangement. Come and take a look today!
Location
State CA
County Los Angeles
Area Wilmington (90744)
Zoning LAR1
Interior
Laundry Kitchen
Building
Lot Description Sidewalks
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, Exchange, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, Cash To New Loan
Special Listing Condition Standard
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Bought with Kristen Mussenden • Buckingham Investments, Inc