1704 N Wilmington Wilmington, CA 90744

Good sized (642 SF) one bedroom units, and well built 4-plex in 1948. Although the property has LA Rent Control, the potential of this property is tremendous. At $1500 rent per unit, the property would be under 8 X Gross and have a 10.7 Cap Rate. One REAR parking SPACE per unit. Each apt has their own LAUNDRY HOOK UP INSIDE. 3 Apts. on ground level & one apt. upstairs. Offers require 25% down. FIRST TIME ON MARKET IN 40 YEARS.