844 King Avenue
$1,568,000
16
8
5,376
5,376
$292
Description
For the first time in over 20 years, this exceptional 8-unit property in Wilmington is available for sale! Situated on a generous 7,011-square-foot lot, the building comprises eight 2-bedroom, 1-bathroom units, each approximately 672 square feet, totaling 5,376 square feet of rentable living space. This property offers convenient community laundry facilities and an open parking lot for tenants, ensuring ample parking space. Fully occupied and generating consistent rental income, each tenant pays...For the first time in over 20 years, this exceptional 8-unit property in Wilmington is available for sale! Situated on a generous 7,011-square-foot lot, the building comprises eight 2-bedroom, 1-bathroom units, each approximately 672 square feet, totaling 5,376 square feet of rentable living space. This property offers convenient community laundry facilities and an open parking lot for tenants, ensuring ample parking space. Fully occupied and generating consistent rental income, each tenant pays for their own gas and electricity, while the owner covers water and trash expenses. Properties of this caliber, especially with long-standing tenant occupancy, are rare in Wilmington’s competitive market. This is a prime investment opportunity that won’t last long!
- Listed by Sophia De La Vara • DRE #01127097 • Brokerage DRE #01218499 • Berkshire Hathaway HomeServices California Properties • 562-755-9650
Property Details for 844 King Avenue
View
None
Parking Spaces Total8
Private PoolNo
Cooling TypeNone
Total Units8.0
Building TypeAttached
Lot Size SourceAssessor
Living Area5376
LISTING UPDATED: 12/10/2024 04:21 AM
Property Details for 844 King Avenue
Status | Active |
---|---|
MLS # | TR24226690 |
Days on Market | 15 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1960 |
Lot Size | 0.16 AC / 7,011 SF |
County | Los Angeles County |
Building Information for 844 King Avenue
Stories2Residences-Year Built1960Building Size-Lot Size0.16 AC / 7,011 SF
Property Information for 844 King Avenue
Property History for 844 King Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 844 King Avenue
Taxable ValueLand$170,516Additions$147,477Total$317,993
Tax Record2024$4,985 ($415 / month)
Home Facts
Total Finished SqFt5,376 SqFtAbove Grade Finished SqFt5,376 SqFtLot Size7,011 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningLAR1CountyLOS ANGELESAPN7416-013-001
Schools near 844 King Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Gulf Avenue Elementary School PublicK to 5 | ||
Scholarship Prep - South Bay CharterK to 8 | ||
Phineas Banning Senior High School Public9 to 12 | ||
Harbor Teacher Preparation Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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