24513 S Avalon Blvd, Wilmington, CA 90744

Property Description

The subject property is a very well maintained 9 unit apartment building built in 1964 on a 7,001 square foot lot. There is a 3 bedroom 1 bath unit, a 2 bedroom 1 bath unit and 7 one bedroom units. The front and south side of the property is very nicely landscaped, and the building is two stories with a laundry room on the ground floor. There is gated, tuck under parking on site for 5 vehicles which is accessible at the rear of the property via the alley, and 3 parking garages in front for 3 vehicles, and room for tandem parking 3 more outside the garage doors. There is significant upside in rental income as the units turnover. This property is subject to the City of Los Angeles Soft Story Retrofit Ordinance, and the property is being offered "as-is". 
 
 The property is just a few minutes from the Southbay Pavilion Shopping Mall at Avalon and the 405 freeway in Carson with major retailers, movie theatres and many restaurants. It is also very convenient to the 405 and 110 freeways and close to many employment centers in the South Bay.