Property Detail

324 Opp

Wilmington CA 90744

$1,580,000

Status: Active

Property Details

Description

Well-maintained 10-unit courtyard-style󠃢󠂁󠂡󠃢󠂁󠂢󠃢󠂁󠂠󠃢󠂁󠂡󠃢󠂁󠂢󠃢󠂀󠂋 apartment complex consisting of six studios and four one-bedroom units in two side-by-side buildings on an 8,192 SF lot. This charming gated property is located in a quiet residential neighborhood and one of Wilmingtons more desirable rental pockets. Offered at an attractive 9.7 GRM & 6.5% Cap Rate on CURRENT income, the property provides stable in-place cash flow with significant upside in rents. Additional Income Includes Capital Improvements Surcharge, Laundry, and Storage Income. >>The property has been meticulously maintained with ongoing upgrades, including copper plumbing and updated electrical. Units are separately metered for gas and electricity, the property offers on-site laundry, and tenants pay their own trash expenses, helping keep operating costs low. <

Map Location

Listing provided courtesy of Olga Wright of Lyon Stahl Investment Real Estate, Inc.. Last updated . Listing information © 2026 SANDICOR.

Christian

Christian

DRE# 01245048
Inquire Now
admin Real estate 9:00 AM - 5:00 PM https://static.royacdn.com/Site-9bf0f64e-2cf5-48cd-be2e-b06f89c46f28/assets/sidebar_img_img.png realtor # # # https://static.royacdn.com/Site-9bf0f64e-2cf5-48cd-be2e-b06f89c46f28/assets/sidebar_img_img.png