821 FLINT AVENUE, WILMINGTON, CA 90744

  • 7,386 sqft
  • Lot Size: 13,446 sqft
  • Built in 1924
  • MLS #18299188
For Sale $1,725,000

Description

NEW PRICE! We are pleased to offer for sale this 27 Unit SRO (single room occupancy) building centrally located in Wilmington with easy access to the Port of LA & Long Beach and Downtown San Pedro. The SRO consists of eight Studio apartments on the first floor (with own bathroom and kitchen) and 18 rooms + manager's unit on the second floor with 2 community baths. About 25% upside in rents! SRO sits on approximately 4,500 sqft lot, with abutting parcel on 818 Sanford Ave totaling about 9,000 sqft of land. Adjoining parcel of 9,000 sqft being used as parking lot for SRO building (RARE TO HAVE PARKING FOR SRO BUILDINGS!!!). Lots of potential with the land parcel behind. Buyer to do own investigation with city of LA with regards to zoning. Please contact listing agent for more details. Please do not disturb or speak with tenants under any circumstances.

FACTS / FEATURES

  • Built in 1924
  • Lot Size: 13,446 sqft
  • Cooling: See Remarks

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Listing Provided by Daniel Shamooelian, BRC Advisors- BH
Based on information from California Regional Multiple Listing Service, Inc. as of June 17, 2019. 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.