1114 Eubank Ave | Wilmington, CA 90744
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- LoopNet Team
1114 Eubank Ave
Wilmington, CA 90744
The Eubank · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Pro-forma cap rate of 12.11%
- Charming apartment building with 8 two-bedroom/one-bath units
- Recently renovated exterior with modern improvements
- 96% rental upside potential
- New roof, windows, and staircases
- Convenient on-site parking and laundry room
PROPERTY FACTS
| No. Units | 8 | Building Size | 4,664 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1956/2023 |
| Building Class | C | Parking Ratio | 1.72/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | LAR1 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 4,664 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1956/2023 |
| Parking Ratio | 1.72/1,000 SF |
| Zoning | LAR1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $1,149 | - |
PROPERTY TAXES
| Parcel Number | 7423-027-022 | Improvements Assessment | $489,600 |
| Land Assessment | $1,020,000 | Total Assessment | $1,509,600 |
PROPERTY TAXES
Parcel Number
7423-027-022
Land Assessment
$1,020,000
Improvements Assessment
$489,600
Total Assessment
$1,509,600
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