Wilmington (los Angeles), CA 90744,424 Island Avenue
Wilmington (los Angeles), CA 90744,424 Island Avenue
Wilmington (los Angeles), CA 90744,424 Island Avenue
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Listed by Alice Rodriguez • Keller Williams Realty
$679,000
Est. payment /mo
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2,145 SqFt
Active Under Contract

424 Island Avenue Wilmington (los Angeles), CA 90744

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,145 sqft

Price per Sqft $316

MLS Listing ID CRSB25145499

HOA Y/N No

Year Built 1954

Lot Size 7,512 Sqft

Property Sub-Type Quadruplex

Source Datashare California Regional

Property Description

Charming Multi-Unit Property with Tremendous Potential First Time on the Market Since 1993 This exceptional property is being offered for the first time in over three decades, lovingly maintained by the original owners. Nestled on a spacious 7,500+ square foot lot, this unique opportunity invites you to explore its potential for expansion, including the addition of extra units. Key Features: • Long-Term Tenants: Each unit is occupied by long-term residents who show pride in their homes and create a strong sense of community within the building. • Unit Details: The property comprises well-maintained 1-bedroom, 1-bathroom units, ideal for tenants seeking comfortable and cozy living spaces. • Upgrades: The property boasts a newer roof and updated wall heaters, reflecting the meticulous care and attention it has received over the years. • Expansion Opportunity: With its expansive lot size of over 7,500 square feet, there’s plenty of room to add additional units, maximizing rental income potential. Additional Information: This property is being sold alongside its sister building, located at 414 Island SB25145484, offering a rare chance to acquire two prime investments simultaneously. The seller is motivated, providing an excellent opportunity for investors or those looking t

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Laminate, Carpet

Fireplace No

Laundry Common Area

Exterior

View None


Bay East AOR and Contra Costa AOR

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agent

Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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424 Island Avenue