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12618 S Wilmington Ave

Los Angeles, CA 90059
  • $1,250,000
  • STATUS: ACTIVE
  • ON SITE: 150 Days
  • ID#: PW22229272
UPDATED: 42 min ago
$1,250,000
  • 4
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

12618 S Wilmington Ave is nestled in the rapidly gentrifying Rosewood pocket of South Los Angeles. The single story building consists of all 1 bed/1 bath units with potential to increase rents. Subject property is down the street from the 700 unit Jordan Downs Development as well as Plaza Mexico providing long term appreciation and tenant convenience. There is ample on-site parking due to the huge 10,700 square foot lot. Transportation is made easy from accessibility to the 110/105 Freeways. 12618 S Wilmington Ave is nestled in the rapidly gentrifying Rosewood pocket of South Los Angeles. The single story building consists of all 1 bed/1 bath units with potential to increase rents. Subject property is down the street from the 700 unit Jordan Downs Development as well as Plaza Mexico providing long term appreciation and tenant convenience. There is ample on-site parking due to the huge 10,700 square foot lot. Transportation is made easy from accessibility to the 110/105 Freeways.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/134250109
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12618 S Wilmington Ave Los Angeles, CA 90059

  • Price: $1,250,000
  • Status: ACTIVE
  • On Site: 150 Days
  • Updated: 42 min ago
  • ID#: PW22229272
4
Beds
0
Baths
0
½ Baths
0.25
Acres
Neighborhood:
Los Angeles (90059)
County:
Los Angeles
Area:
Los Angeles (90059)
Property Description
12618 S Wilmington Ave is nestled in the rapidly gentrifying Rosewood pocket of South Los Angeles. The single story building consists of all 1 bed/1 bath units with potential to increase rents. Subject property is down the street from the 700 unit Jordan Downs Development as well as Plaza Mexico providing long term appreciation and tenant convenience. There is ample on-site parking due to the huge 10,700 square foot lot. Transportation is made easy from accessibility to the 110/105 Freeways. 12618 S Wilmington Ave is nestled in the rapidly gentrifying Rosewood pocket of South Los Angeles. The single story building consists of all 1 bed/1 bath units with potential to increase rents. Subject property is down the street from the 700 unit Jordan Downs Development as well as Plaza Mexico providing long term appreciation and tenant convenience. There is ample on-site parking due to the huge 10,700 square foot lot. Transportation is made easy from accessibility to the 110/105 Freeways.
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 4.85 Annual Expense Actual 33075 Buildings 3 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 12.68 Gross Scheduled Income Actual 98580 Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1225.0 Unit2 Rent Actual 1465.0 Unit3 Rent Actual 1335.0 Unit4 Rent Actual 1520.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Justin White: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source:
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128