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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
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

PROPERTY TAXES

Parcel Number
7424-022-012
Land Assessment
$682,696
Improvements Assessment
$1,063,869
Total Assessment
$1,746,565
  • Listing ID: 4585100

  • Date on Market: 10/11/2016

  • Last Updated:

  • Address: 716 Flint Ave, Wilmington, CA 90744

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