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Listed by: Steven Bogoyevac (562) 257-1231 DRE #01332755, David O'Keefe DRE #01928739 | Steven M. Bogoyevac, Broker (562) 436-5800
$1,375,000
2 Beds
- 1 Bath
--sqft
1020 Broad, Wilmington, CA 90744
$1,375,000
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Mixed Use
Built in 1958
$-- HOA
8,485 sqft lot
--/sqft
Description
1020 Broad Avenue is an excellent investment opportunity for an investor looking for a value-add acquisition with a massive 71 percent rental upside potential and a strong unit mix in a dense rental submarket undergoing significant redevelopment.
1020 Broad Avenue is a 1958 construction with eight two-bedroom/one-bath units that are separately metered for gas and electricity. The building is situated on a 8,483-square foot lot that offers surface parking both in the front and rear of the building. The building also offers shared laundry facilities. The property boasts several recent substantial improvements, including a new roof and water heater in 2020, replacement ...
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1958
HOA Fees
-
Finished Area
- sqft
Lot Size
8,485 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26084807
MLS Status
Pending
Days on Market
81
Cumulative Days on Market
116
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