Wilmington, CA 90744,526 N Fries AVE
Wilmington, CA 90744,526 N Fries AVE
Wilmington, CA 90744,526 N Fries AVE
71
$850,000
$849,999
Est.Price: ?

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6,211 Sqft Lot

526 N Fries AVE Wilmington, CA 90744

Est. payment /mo
SOLD DATE : 11/18/2021

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Key Details

Sold Price $850,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MB21192496

Sold Date 11/18/21

HOA Y/N No

Year Built 1951

Lot Size 6,211 Sqft

Property Description

#4units on 1 Lot This #Fourplex Generates an Income of $5460 dollars per month in Rents! CAP RATE is Above 5.8% ! This dollar amount does not include the 3 % increase that is due on each unit. EXCELLENT OWNER OCCUPIED OR LONG TERM RENTAL INVESTMENT ! Property Features a 3bedroom 1bath at front and (3) 1bedroom 1 bath units with Onsite parking up to 4 cars accessed through alley. A spacious Court yard which is a "common area" separates the 2 rear units from the 3 bedroom and 1 bedroom at front . Unit #3 has New Copper Plumbing throughout, New laminate Flooring in living room and bedroom , vinyl water resistant flooring in kitchen and bathroom and New interior paint. Amenities include laundry hook ups in each unit, copper plumbing ,Parking at rear of units through alley Or for possible ADU ,shut off valve for each and making this property a stable cash flow for a Buyer looking to occupy 1 unit and rent the other 3! A skip and a hop from the #Portoflosangeles#longshoremanrentals

Location

State CA

County Los Angeles

Area 195 - West Wilmington

Zoning LARD1.5

Interior

Interior Features CeilingFans, AllBedroomsDown

Heating WallFurnace

Cooling WallWindowUnits

Flooring Laminate

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Garage Concrete, Gated, OnSite, OffStreet, Paved, OneSpace, Uncovered

Fence AverageCondition

Pool None

Community Features Sidewalks

Roof Type Composition

Private Pool No

Building

Lot Description NearPublicTransit

Story One

Entry Level One

Sewer PublicSewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7418004012

Acceptable Financing Submit

Listing Terms Submit

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by JOSIE SAN LUCAS • CENTURY 21 REALTY MASTERS
Bought with John McCann • Lyon Stahl Investment Real Estate, Inc.

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John Alagna

Agent | License ID: 02073190

+1(909) 821-2781

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