BRAND NEW CONSTRUCTION 100% LEASED BRINGING IN $7,300 A MONTH!!!!!!! Check out this brand duplex in the city of Wilmington, two single family residences consisting of two 5 bedroom, 3 bath each unit on an OPPORTUNITY ZONE. This property is conveniently located only minutes away from the recreational beach areas and commercial centers of Long Beach, Carson, Harbor City, Lomita, San Pedro, and to the Port of Los Angeles, also known as "America's port" (10 minutes away). The Port of LA is considered the nation's #1 container port and supports employment for approximately 530,000 people. Investors get to enjoy a nice cashflow off this home with ACTUAL rent figures that total $87,600 of annual gross rent. Amazing 5.6+% CAP rate and 13.6X GRM. Drought resistant landscaping and individually metered units minimize operating expenses and investor/owner time burden. The current tenants will be paying for all expenses including trash, water, electricity, and gas. This duplex has total of 10 bedrooms, 6 baths and 5 parking spaces. This new construction development has all the modern touches for today's market such as laminate flooring, recessed lighting, backsplash and quartz countertops in kitchen, central AC, washroom, and many more features making it the one of th
1036 Watson St., Wilmington, CA 90744
Directions to here from: 155 mi
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Listed by Daniel Terrazas with VIP Real Estate Firm
Based on information from the MLSListings MLS) as of 4/19/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
