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1443 N Wilmington Boulevard, Wilmington, CA 90744

$1,495,000 Just Listed

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  • For Sale
  • Active
  • Multi-Family
  • Updated 5 days ago

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1443 N Wilmington Boulevard, Wilmington, CA 90744View this property at 1443 N Wilmington Boulevard, Wilmington, CA 90744
1443 N Wilmington BoulevardWilmingtonCA90744
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Property Description
Renovated 8-unit apartment building with upside priced at only 186k/door in Wilmington. There are 4 fully renovated units, 2 of which can be delivered vacant. This property cash flows day one at 5.5% Cap Rate and 12.9 GRM with almost 50% upside to 9% Cap Rate and 8.8 GRM. There's a laundry room and 8 parking spaces for all units. There's potential to add 2 detached ADUs in the back to reduce price to only 149k/door. Excellent West Wilmington location near 110 FWY, public transit, schools, and shopping!

Full Property Details for 1443 N Wilmington Blvd

General

  • Price: $1,495,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 21680068
  • Updated: 1/13/2021
  • Added: 6 day(s) ago

Parking

  • Parking Features: Assigned, Uncovered
  • Parking: Assigned, Uncovered

Location

  • Area: 195 - West Wilmington
  • County: Los Angeles
  • Development Name: 195 - West Wilmington
  • Driving Directions: Exit Rosecrans from the 110, head West. Then turn North on to Wilmington Blvd.

Structural Information

  • Square Feet: 3,316
  • Year Built: 1965

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 11

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 12

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1338
  • Lot Size (Sq. Ft.): 5,829
  • Zoning: LARD1.5

Financial Considerations

  • Price Per Sq. Ft.: $450.84

Listed by Global Platinum Properties, Inc., Armin Soleimani and Global Platinum Properties, Inc., Julio Ruiz

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Schools

Schools serving 1443 N Wilmington Blvd

School District:Los Angeles Unified School District
Score
Name
Grades
Distance
3
Fries Avenue Elementary School
1301 N Fries Ave, Wilmington, CA 90744
K-5
0.6 mi
4
Wilmington Middle School Steam
1700 Gulf Ave, Wilmington, CA 90744
6-8
0.4 mi
4
Phineas Banning Senior High School
1527 Lakme Ave, Wilmington, CA 90744
9-12
0.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 1443 N Wilmington Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2021
Listed
$1,495,000
113.57%
MLS
10/02/2019
Sold
$700,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History

Tax History for 1443 N Wilmington Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2018
$6,989
3%
$525,482
4%
2017
$6,805
2%
$505,078
2%
2016
$6,642
1%
$495,176
2%
2015
$6,554
-1%
$487,739
2%
2013
$6,616
-1%
$478,186
—
2012
$6,699
3%
$476,026
4%
2011
$6,512
—
$457,544
1%
2009
$6,482
8%
$454,125
2%
2008
$6,016
-4%
$446,279
-2%
2008
$6,261
—
$455,204
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 1443 N Wilmington Blvd

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Listed by Global Platinum Properties, Inc., Armin Soleimani and Global Platinum Properties, Inc., Julio Ruiz

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1443 N Wilmington Boulevard, Wilmington, CA 90744 (MLS# 21680068) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 1443 N Wilmington Boulevard is currently listed for $1,495,000 and was received on January 13, 2021. Want to learn more about 1443 N Wilmington Boulevard? 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.

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