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716 Flint Ave
Wilmington, CA 90744
716 Flint Ave: 48 Room SRO Building · Hospitality Property For Sale
·
9,060 SF

PROPERTY FACTS
| Property Type | Hospitality | Building Size | 9,060 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1923 |
| Lot Size | 0.15 AC | ||
| Zoning | LAM2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 9,060 SF |
| No. Stories | 2 |
| Year Built | 1923 |
| Zoning | LAM2 |
ABOUT 716 FLINT AVE , WILMINGTON, CA 90744
Arthur Arejian of Vanguard Investments Inc., as exclusive listing agent, is pleased to present an opportunity to purchase a 48 Unit SRO Building in Wilmington, CA. The property is located at 716 Flint Ave, Wilmington, CA 90744. This Asset consists of 48 master metered units. All units are bachelor style and share common bathrooms and showers. The subject property is situated in a predominantly industrial neighborhood that has a mix of residential on the block. Built in 1923, the property consists of 48 SRO master metered units. All Units are bachelor-style and share common bathrooms and showers. The property has recently undergone significant rehabilitation. A majority of the units have been improved with flooring, electrical, and upgraded bathrooms. This property presents an investor the opportunity to own a potentially high cash flow asset in an extremely dense rental market of Wilmington, CA The subject property is located in an extremely dense rental market of Wilmington, CA. The subject property is situated by Flint Ave and East Anaheim Street. Anaheim Street is a major arterial road with an average daily traffic count of approximately 22,000 vehicles per day. The subject property is located near a Banc of California retail plaza, Rite Aid Pharmacy and El Super Shopping Center. Other notable landmarks include a Food 4 Less shopping center as well as several other residential neighborhoods, retailers, and restaurants. The property is just a few minutes away from long Beach Airport, and is within a three-mile radius of Interstates 110 and 710.
PROPERTY TAXES
| Parcel Number | 7424-022-012 | Improvements Assessment | $1,063,869 |
| Land Assessment | $682,696 | Total Assessment | $1,746,565 |
PROPERTY TAXES
Listing ID: 4585100
Date on Market: 10/11/2016
Last Updated:
Address: 716 Flint Ave, Wilmington, CA 90744
The Hospitality Property at 716 Flint Ave, Wilmington, CA 90744 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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