1160 Watson Ave, Wilmington, CA 90744

Property Description

Excellent Long Term Investment Opportunity with a great upside for an investor looking to increase the value, 9 Separate small homes located near the port of Los Angeles, This unique set up of small separate homes located next to a park, This property has very low expenses because each home has its separate water meter, gas meter, and electrical meter, These buildings are located in the 90744 zip code near the new Harbor redevelopment project and is offered at only $161k per unit. This property is the ideal opportunity for any investor looking for an upside cash flow with room to grow the monthly income by over 45% or more. The unit mix is 9 Separate homes all are (9) 1-Bed/1-Bath all with their own separate small yard. The property sits on a 15,241 SqFt lot and has 4,275 SqFt of rentable space. The Harbor development project, the port of Los Angeles, and is located in one of the most densely populated markets in the county, is a great long-term investment with huge upside potential.