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916-918 Watson Ave
Wilmington, CA 90744
Multifamily Property For Sale
·
14 Units
Investment Highlights
- Currently operating at a 4.87% CAP and 12.81 GRM
- Still over 20% upside in monthly rental income available
- Unit mix consisting of (4) 1Bed/1Bath and (10) Studio/1Bath
- Priced at only $154k/unit
- Remodeled units include new hardwood flooring, cabinets and windows
Property Facts
| No. Units | 14 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,620 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1924 |
| Building Class | C | ||
| Zoning | R2, Los Angeles | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,620 SF |
| No. Stories | 1 |
| Year Built | 1924 |
| Zoning | R2, Los Angeles |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | - |
| 1+1 | 4 | - | - |
Property Taxes
| Parcel Number | 7425-035-031 | Improvements Assessment | $742,845 |
| Land Assessment | $1,485,691 | Total Assessment | $2,228,536 |
Property Taxes
Parcel Number
7425-035-031
Land Assessment
$1,485,691
Improvements Assessment
$742,845
Total Assessment
$2,228,536
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