1445 Wilmington, Wilmington, CA 90744

Wilmington
Local realty services provided by:ERA Excel Realty
1445 Wilmington,Wilmington, CA 90744
$875,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: brett lyon
Office: lyon stahl investment real estate, inc.
MLS#:SB26169874
Source:MLSListings

Price summary

  • Price:$875,000

About this home

1445 N. Wilmington Blvd presents the opportunity to acquire a well-located four-unit multifamily property in the heart of Wilmington. Built in 1965, the property consists of four spacious 2-Bedroom/1-Bath units totaling approximately 2,867 square feet of rentable building area situated on a 4,781-square-foot lot. Offered at a 6.22% current CAP rate and 11.12 current GRM, the property provides investors with exceptional value-add potential through rental repositioning. Three of the four units are occupied by long-term tenants paying substantially below-market rents, and one unit has been fully renovated. Upon stabilization, the property is projected to achieve an impressive 12.01% pro forma CAP rate and 6.63 pro forma GRM. Offered at just $218,750 per unit, the property presents an attractive basis relative to replacement cost and comparable sales. Ideally located near the Port of Los Angeles, the Port of Long Beach, the Harbor Freeway (110), Pacific Coast Highway, and numerous...

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Home facts

  • Year built:1965
  • Listing ID #:SB26169874
  • Added:53 day(s) ago
  • Updated:September 28, 2026 at 04:40 PM

Structure and exterior

  • Year built:1965
  • Lot area:0.11 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$875,000
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