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$1,000,000
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Property Description
This 6-unit apartment building sits on a beautiful tree-lined street in the Historic Banning Park Area in the city of Wilmington. (2) 2 bedroom, 1 bath units and (4) 1 bedroom, 1 bath units with plenty of rental upside. There is gated parking in the back with alley access. This property has great curb appeal with a gorgeous courtyard and a large setback. It is centrally located between the 110 and 710 freeways, and near the San Pedro Waterfront Renovation of Ports O' Call.
Full Property Details
Full Property Details for 1131 Lakme Ave
General
- Sold For: $1,000,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB24207821
- Added to Site: 473 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- Area: 195 - West Wilmington
- County: Los Angeles
- Development Name: 195 - West Wilmington
- Driving Directions: Avalon Blvd and Banning Blvd off of East L Street and Lakme Ave
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,172
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.1947
- Lot Size Source: Assessor
- Zoning: LAR1
- Lot Description: Front Yard, Lawn
Financial Considerations
- Price Per Sq. Ft.: $239.69
- Price Per Unit: 212500
Listed and Sold by eXp Realty of Greater Los Angeles, Inc., Steve Nimeh and eXp Realty of Greater Los Angeles, Inc., Helen Nimeh
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Schools
Schools serving 1131 Lakme Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Harry Bridges Span 1235 BRd. Ave., Los Angeles, CA 90744 | K-8 | 0.1 mi |
Phineas Banning Senior High School 1527 Lakme Ave., Los Angeles, CA 90744 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1131 Lakme Ave
Date
Details
Price
Change
Source
7/11/2025
Sold
$1,000,000
-21.57%
MLS
10/07/2024
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1131 Lakme Avenue, Wilmington, CA 90744 (MLS# SB24207821) is a Multi-Family property that was sold at $1,000,000 on July 11, 2025. Want to learn more about 1131 Lakme Avenue? Do you have questions about finding other Multi-Family real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

