$850,000
$875,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
7,492 Sqft Lot
SOLD DATE : 11/13/2013
Key Details
Sold Price $850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC13165727
Sold Date 11/13/13
HOA Y/N No
Year Built 1924
Lot Size 7,492 Sqft
Property Description
The Wilmington Inn having undergone extensive renovation offers an investor an opportunity to take over it's operations and benefit from a solid return on their investment. Renovations include new electrical panel and meter with central wiring and increased amps/power, new outside security lighting, new front security door and key card entry system,12 camera high resolution security monitoring system, upgraded private and common bathrooms, new hardwood flooring in common area's and new linoleum in rooms, and complete exterior painting. There are a total of 25 rooms with 11 rooms that share two common bathrooms, 13 rooms that have there own bathroom, and a one bedroom one bath managers unit.
Location
State CA
County Los Angeles
Area 195 - West Wilmington
Interior
Fireplace No
Exterior
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Sewer Connected
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 1
Entry Level One
Water Public
Level or Stories One
Others
Senior Community No
Tax ID 7416031018
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Mike Marcu • Insite Investment Realty Inc