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    821 Flint Avenue

    Wilmington, CA 90744
    • $2,750,000
    • STATUS: Active
    • ON SITE: 111 days
    • ID#: 21684322
    UPDATED: 60 min ago
    $2,750,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,386
      SQFT
    • $372
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    We are pleased to present for sale a 21 unit SRO + 8 apartments (one 1 BD + seven Studios) in the city of Wilmington that will be delivered ~95% VACANT!!!! The building consists of 21 SRO units (single room occupancy) which share 2 community baths + 8 apartments (which have their own kitchen, bath, living room/bedroom combo). Lots of options for a new owner to come in and renovate to maximize the upside in rents. Perfect opportunity for non-profit uses or any program that requires vacant units!! The site is located in close proximity to the Port of Long Beach and Downtown San Pedro. Major plumbing work done was done in 2014 + Electrical work done in 2015. Adjacent rear parking lot on 818 Sanford Ave (8,960 sqft lot) is available for sale as well for $600,000 and may be purchased individually or concurrently with 821 Flint Avenue. Seller may be willing to negotiate on price of adjacent parking lot on Sanford if bought concurrently with 821 Flint. Contact listing agent for more details!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-17T11:31:50.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
    www.propertycove.com/homes/113606695
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    821 Flint Avenue Wilmington, CA 90744

    • Price: $2,750,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 21684322
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    7,386
    SQFT
    $372
    $/SQFT
    1924
    Built
    Neighborhood:
    196 - East Wilmington
    County:
    Los Angeles
    Area:
    196 - East Wilmington
    Property Description
    We are pleased to present for sale a 21 unit SRO + 8 apartments (one 1 BD + seven Studios) in the city of Wilmington that will be delivered ~95% VACANT!!!! The building consists of 21 SRO units (single room occupancy) which share 2 community baths + 8 apartments (which have their own kitchen, bath, living room/bedroom combo). Lots of options for a new owner to come in and renovate to maximize the upside in rents. Perfect opportunity for non-profit uses or any program that requires vacant units!! The site is located in close proximity to the Port of Long Beach and Downtown San Pedro. Major plumbing work done was done in 2014 + Electrical work done in 2015. Adjacent rear parking lot on 818 Sanford Ave (8,960 sqft lot) is available for sale as well for $600,000 and may be purchased individually or concurrently with 821 Flint Avenue. Seller may be willing to negotiate on price of adjacent parking lot on Sanford if bought concurrently with 821 Flint. Contact listing agent for more details!
    Property Features

    Gross Income 259800 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 168870 Senior Community YN No Special Listing Conditions Standard Zoning Lamr2

    Listing provided courtesy of Daniel Shamooelian of Brc Advisors- Bh


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-17T11:31:50.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
     
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    The Bhagat Group
    22939 Hawthorne Blvd, Suite 203
    Torrance CA, 90505