Well-maintained 10-unit courtyard-style󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃢󠂀󠂋󠃢󠂁󠂤󠃳󠂠󠂁󠂁 apartment complex consisting of six studios and four one-bedroom units in two side-by-side buildings on an 8,192 SF lot. This charming gated property is located in a quiet residential neighborhood and one of Wilmingtons more desirable rental pockets. Offered at an attractive 9.7 GRM & 6.5% Cap Rate on CURRENT income, the property provides stable in-place cash flow with significant upside in rents. Additional Income Includes Capital Improvements Surcharge, Laundry, and Storage Income. >>The property has been meticulously maintained with ongoing upgrades, including copper plumbing and updated electrical. Units are separately metered for gas and electricity, the property offers on-site laundry, and tenants pay their own trash expenses, helping keep operating costs low. <<Conveniently located near the 110 Freeway and the Ports of Los Angeles and Long Beach. Major ongoing investment and development throughout the port area is creating jobs, improving infrastructure, and positively impacting demand and property values in Wilmington. The nearly completed new construction next door further improves the immediate surroundings and adds to the propertys long-term appeal.***SEE SUPPLEMENTS FOR OM*** Well-maintained 10-unit courtyard-style apartment complex consisting of six studios and four one-bedroom units in two side-by-side buildings on an 8,192 SF lot. This charming gated property is located in a quiet residential neighborhood and one of Wilmingtons more desirable rental pockets. Offered at an attractive 9.7 GRM & 6.5% Cap Rate on CURRENT income, the property provides stable in-place cash flow with significant upside in rents. Additional Income Includes Capital Improvements Surcharge, Laundry, and Storage Income. >>The property has been meticulously maintained with ongoing upgrades, including copper plumbing and updated electrical. Units are separately metered for gas and electricity, the property offers on-site laundry, and tenants pay their own trash expenses, helping keep operating costs low. <<Conveniently located near the 110 Freeway and the Ports of Los Angeles and Long Beach. Major ongoing investment and development throughout the port area is creating jobs, improving infrastructure, and positively impacting demand and property values in Wilmington. The nearly completed new construction next door further improves the immediate surroundings and adds to the propertys long-term appeal.***SEE SUPPLEMENTS FOR OM***

Listed by Olga Wright of Lyon Stahl Investment Real Estate, Inc. (310) 801-7373



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Last checked 2026