632 N Wilmington Boulevard, Wilmington, CA, CA 90744
- $1,585,000
- List Price
- $1,585,000
- Status
- ACTIVE
- MLS#
- SB26162903
- County
- Los Angeles
- Year Built
- 1986
- Building Square Feet
- 5,336
- Square Feet
- 6,722
- Days on Market
- 3
- Property Type
- Multifamily
- Style
- Traditional
- Stories
- Two Levels
Property Description
This gorgeous property is every Investor's Dream . . . a well-maintained, quiet building with ultra-stable residents. Moreover, the building was built in 1986, and therefore, it is NOT subject to LA City Rent Control. This fantastic investment property consists of six (6) 2-bedroom apartment units and a total of thirteen (13) parking spaces, six of which are found in enclosed garages. The new roof was installed in 2024 and the building was freshly painted in June of 2026. Other features include entry gates and an on-site laundry room. Nestled squarely in the heart of Wilmington, the property is conveniently located close to shopping, restaurants, financial institutions, parks, places of worship, employment centers, and public transportation. Another feature is the upside potential with respect to the property's rental income; again, the building is NOT subject to LA City Rent Control.
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Additional Information
- Taxes
- $5,247
- Parcel Number
- 7416017022
- Gross Scheduled Income
- $128,172
- Operating Expense
- 41039
- Net Operating Income
- $87,133
- Number of Buildings
- 1
- Lot Features
- Rectangular Lot
- Exterior Construction
- Stucco
- Roof
- Shingle
- Garage Spaces Total
- 6
- Carport Spaces
- 4
- Sewer
- Unknown
- Water
- Public
- Community Features
- Curbs, Street Lights, Sidewalks
Listing courtesy of Listing Agent: Steven Skorpanich (s.skorpanich@yahoo.com) from Listing Office: The Realestate Group.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.