519 Broad Avenue, Wilmington, CA 90744

$999,000

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List Agent Vickie McShane () 310-514-0118 Coastal Financial & Realty, Inc; CoList ()

List Price
$999,000
Status
ACTIVE
MLS#
SB26125323
Year Built
1978
Lot Size
8,599
Lot Location
0-1 Unit/Acre
Days on Market
48
Property Type
Single Family Residential
Style
Bungalow
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Rare opportunity to acquire a 5-unit income property in the heart of Wilmington. Unlike traditional apartment buildings, all five units are individual and separate structures, offering added privacy, reduced shared-wall concerns, and strong tenant appeal. All with separate gas and electric meters for each unit, providing efficient expense management and strong rental appeal. Ideal for investors looking for stable cash flow, easy utility allocation, and long-term value in a multi-family investment. Located near the bustling Port of Los Angeles, major transportation corridors, shopping, dining, and local amenities, this property presents an excellent opportunity for investors seeking stable rental income and long-term growth potential. The property benefits from Wilmington's strategic location and ongoing development throughout the harbor area. Each unit is separately situated, creating a desirable residential setting for tenants while providing flexibility for ownership and management. Whether you are looking to expand your investment portfolio or secure a multi-unit asset in a high-demand rental market, this property offers significant upside potential.

Additional Information

Appliances
Gas Oven, Gas Range, Refrigerator
Pool Description
None
Heat
Wall Furnace
View
Neighborhood
Exterior Construction
Stucco
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.