28
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$679,000
Est. payment /mo
4 Beds
2,145 SqFt
Active Under Contract
414 Island Avenue Wilmington (los Angeles), CA 90744
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,145 sqft
Price per Sqft $316
MLS Listing ID CRSB25145484
Bedrooms 4
HOA Y/N No
Year Built 1954
Lot Size 7,512 Sqft
Acres 0.17
Property Sub-Type Quadruplex
Property Description
Charming Multi-Unit Property with Tremendous Potential First Time on the Market Since 1993 This exceptional property is being offered for the first time in over three decades, lovingly maintained by the original owners. Nestled on a spacious 7,500+ square foot lot, this unique opportunity invites you to explore its potential for expansion, including the addition of extra units. Key Features: • Long-Term Tenants: Each unit is occupied by long-term residents who show pride in their homes and create a strong sense of community within the building. • Unit Details: The property comprises well-maintained 1-bedroom, 1-bathroom units, ideal for tenants seeking comfortable and cozy living spaces. • Upgrades: The property boasts a newer roof and updated wall heaters, reflecting the meticulous care and attention it has received over the years. • Expansion Opportunity: With its expansive lot size of over 7,500 square feet, there’s plenty of room to add additional units, maximizing rental income potential. Additional Information: This property is being sold alongside its sister building, located at 424 Island SB25145499, offering a rare chance to acquire two prime investments simultaneously. The seller is motivated, providing an excellent opportunity for investors or those looking t
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate, Tile, Carpet
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Other
View Y/N false
View None
Total Parking Spaces 1
Building
New Construction No
Others
Tax ID 7418016016
Virtual Tour https://order.harbermedia.com/414-Island-Ave/idx
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Listed by Alice Rodriguez • Keller Williams Realty
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289