822 King Avenue , #1

    Wilmington, CA 90744
    • $495,000
    • STATUS: Active
    • ON SITE: 89 days
    • ID#: IV18226561
    Price Reduced
    UPDATED: 67 min ago
    $495,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,796
      SQFT
    • $276
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    HUGE PRICE DEDUCTION. Great opportunity for investors. Close to shopping and freeways. Property tax records show 3 bedrooms and 2 baths and total square foot of 1492. Plus City of LA shows on record an addition made of 304 square foot making two one family dwelling together. Front house has 3 bedrooms and 1 bath, 2nd dwelling has 2 bedrooms and 1 bath. Detached Garage. Newer roof (1.5 years old) , water heater in one unit, new cooktop and range on first unit all done less than 2 years ago. Some new piping done on the property and on the back dwelling ceiling insulation completed. Large lot with gated security fence in both front and back yard. Alley access with more room to park. Sellers only represent what assessors office and city shows on records. Buyers and buyer's agents and broker to investigate all records and permits. This property won't last, great investment.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-16T20:27:09.063. 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. Licensed in the State of California, USA.
    www.impactca.com/homes/87545227

    822 King Avenue , #1 Wilmington, CA 90744

    • Price: $495,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: IV18226561
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1,796
    SQFT
    $276
    $/SQFT
    1922
    Built
    Neighborhood:
    195 - West Wilmington
    County:
    Los Angeles
    Area:
    195 - West Wilmington
    Property Description
    HUGE PRICE DEDUCTION. Great opportunity for investors. Close to shopping and freeways. Property tax records show 3 bedrooms and 2 baths and total square foot of 1492. Plus City of LA shows on record an addition made of 304 square foot making two one family dwelling together. Front house has 3 bedrooms and 1 bath, 2nd dwelling has 2 bedrooms and 1 bath. Detached Garage. Newer roof (1.5 years old) , water heater in one unit, new cooktop and range on first unit all done less than 2 years ago. Some new piping done on the property and on the back dwelling ceiling insulation completed. Large lot with gated security fence in both front and back yard. Alley access with more room to park. Sellers only represent what assessors office and city shows on records. Buyers and buyer's agents and broker to investigate all records and permits. This property won't last, great investment.
    Exterior Features

    Garage Spaces 2.00 Lot Features Front Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features See Remarks Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Sidewalks Country Us Elevation Units Feet Gross Income 3950.00 Gross Scheduled Income 45000.00 Insurance Expense 542.00 Land Lease YN No Laundry YN Yes Net Operating Income 32000.00 New Construction YN No New Taxes Expense 4056.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 13000.00 Other Expense 600.00 Other Expense Description Utilitie Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 4056.00 Total Expenses 13000.00 Trash Expense 150.00 Water Source Public Year Built Source Assessor Zoning Lar1

    Listing provided courtesy of Teresa Tso of Mg Realty and Mario Garcia of Mg Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-16T20:27:09.063. 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. Licensed in the State of California, USA.
     
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