1445 N Wilmington, Wilmington, CA 90744
Local realty services provided by:ERA Donahoe Realty
1445 N Wilmington,Wilmington, CA 90744
$915,000
- - Beds
- - Baths
- 2,867 sq. ft.
- Multi-family
- Active
Listed by: brett lyon, larson harley
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26169874
Source:CRMLS
Price summary
- Price:$915,000
- Price per sq. ft.:$319.15
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 5.90% current CAP rate and 11.63 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, while one unit has been fully renovated, allowing a new owner to immediately lease the unit at market rent. Upon stabilization, the property is projected to achieve an impressive 11.43% pro forma CAP rate and 6.93 pro forma GRM.
Offered at just $228,750 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 industrial, logistics, and employment centers, the property benefits from strong and consistent rental demand. This offering presents investors with the opportunity to acquire a stable income-producing asset with immediate cash flow upside and significant long-term appreciation potential....
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Home facts
- Year built:1965
- Listing ID #:SB26169874
- Added:1 day(s) ago
- Updated:August 05, 2026 at 03:28 AM
Rooms and interior
- Living area:2,867 sq. ft.
Structure and exterior
- Year built:1965
- Building area:2,867 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$915,000
- Price per sq. ft.:$319.15
Parking
- Total parking spaces:7
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