220 W F St, Wilmington, CA 90744

220 W F St, Wilmington, CA 90744

Wilmington, CA

Property Description

220 and 228 W F Street consists of 4 separate buildings sprawling over two adjacent APNs on a large lot totaling 18,602 Sq. Ft. zoned LA RD1.5. It consists of a total of 14 units – 13 units are spacious singles and one is a 3-bedroom house. All units are master metered for gas and electric which enables owner to increase rents by addition 2% (1% per each utility). Property is located on the path of gentrification in an area of substantial growth and re-development.

Property Features

  • Sale Price: $1,550,000
  • Area Size: 6,212 Sq. Ft.
  • Land Area: 18,602 Sq. Ft.
  • Year Built: 1920
  • Closing Date: 11/22/2023
  • Units: 4
  • Current NOI: $64,081

Lyon Stahl Investment Real Estate

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