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3 duplexes, 6 units 815 G St 2 Unit Apartment Building $1,249,000 ($624,500/Unit) 5.81% Cap Rate Wilmington, CA 90744

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INVESTMENT HIGHLIGHTS

  • 86 walk score
  • Added value to build ADUS in the future
  • Bordered line Harbor city, San Pedro, near Long Beach
  • easy access to the 110FWY, PCH, and 710FWY

EXECUTIVE SUMMARY

***Each duplex for sale at $1,250,000. Purchase individually or all three**New modern South Bay living near the Port of Los Angeles! This property sits in the heart of Wilmington and bordered line with San Pedro and Harbor City. Conveniently close to major transits, this property is couple blocks from the 110 FWY, PCH, 47 HWY, and 710 FWY (86 Walk Score). G st is perfect investors who are looking for different exit strategies or a BIG family that want to buy together. Investors get to enjoy a nice cash flow off this home with a pro-forma of $96,000 in annual gross rents. Amazing est. 5.8% CAP rate and a 13X GRM. Property has total of 8 bedrooms and 8 baths. Yes thats right, each units offers 4 bedroom and 4 baths (3 masters on each unit) which can give you an option to also rent by the room and potentially increase your cashflow, or force value by building up to 2 ADUs in the rear. FIRST TIME HOME BUYERS, don't feel discouraged. This property qualifies with FHA financing where you have the opportunity to come with a low downpayment. property has all the modern touches in today’s market such as laminate flooring recessed lighting, central AC and heating, washroom, PAID OFF solar systems, and very low expenses for landlords. Both units have separate utilities including water meters. Near retailers include Food-4-Less, El Super, Famous Isaac's Cafe, Mc Donals, WSS and many more. This by far is one of the best property in the neighborhood. Come check it out before is gone!

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $96,000 $28.43
Other Income - -
Vacancy Loss $3,840 $1.14
Effective Gross Income $92,160 $27.29
Taxes $15,000 $4.44
Operating Expenses $4,500 $1.33
Total Expenses $19,500 $5.77
Net Operating Income $72,660 $21.52

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $96,000
Annual Per SF $28.43
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $3,840
Annual Per SF $1.14
Effective Gross Income
Annual $92,160
Annual Per SF $27.29
Taxes
Annual $15,000
Annual Per SF $4.44
Operating Expenses
Annual $4,500
Annual Per SF $1.33
Total Expenses
Annual $19,500
Annual Per SF $5.77
Net Operating Income
Annual $72,660
Annual Per SF $21.52

PROPERTY FACTS

Price $1,249,000
Price Per Unit $624,500
Sale Type Investment
Cap Rate 5.81%
Gross Rent Multiplier 13.1
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.22 AC
Building Size 3,377 SF
Average Occupancy 0%
No. Stories 2
Year Built 2025
Parking Ratio 2.37/1,000 SF
Zoning LARD1.5. - LARD1.5 - multifamily zone

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+4 3 $4,000 1,688
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7416-016-035
  • 7416-016-033
  • 7416-016-034
Land Assessment
$734,400
Improvements Assessment
$0
Total Assessment
$734,400
Annual Taxes
$15,000 ($4.44/SF)
Tax Year
2025
  • Listing ID: 38525977

  • Date on Market: 11/21/2025

  • Last Updated:

  • Address: 815 G St, Wilmington, CA 90744

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