Est. cap rate

5.0%

Assumed rent, all units

$5,820/mo

Units

3

Price per unit

$233,000

Est. annual NOI

$34,920

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

2,964 sqft

Lot size

6,125 sqft

Year built

1956

Stories

1

Garage spaces

2

Cooling

None

Pool

None

Status

Active

Days on market

49

MLS #

245788660

About this property

Unique mixed-use opportunity in the City of Wilmington featuring commercial frontage at 1302 Wilmington Blvd and residential units in the rear with their own address at 921 W. M Street. This versatile property offers flexibility for an owner-user, investor, or potential redevelopment opportunity. The front structure provides excellent visibility and frontage along Wilmington Blvd, while the rear of the property offers separate residential living with its own access. The rear property (921 W. M Street) includes one additional unit plus a 2-bedroom, 1-bath single-family home, along with a 2-car garage. The property is located within the City of Los Angeles and zoned C1.5, which may allow for commercial, mixed-use, or residential development opportunities (buyer to verify with the City of Los Angeles). Conveniently located near the Port of Los Angeles, major transportation corridors, and local amenities. A great opportunity for investors, developers, or business owners looking for a mixed-use property with strong potential.

Location

1302 N Wilmington Boulevard

Wilmington, Los Angeles, CA, 90744