24704 S Avalon Blvd, Wilmington, CA 90744

Property Description

The subject property is located in the unincorporated city of Wilmington which is part of the city of Los Angeles and is subject to rent control.  The property is located on South Avalon Blvd between Lomita Blvd on the South and Sepulveda Blvd on the North and is approximately 2 miles east of the Harbor (110) Freeway.  The property is located adjacent to Broad Avenue Elementary School.   All three units were extensively remodeled inside and out in 2006.  The roofs, concrete driveway and walkways, windows and electrical system were all replaced in 2006.  In 2006, the interior units were remodeled including new kitchen and bathroom cabinets, new tile flooring and showers.   The property features a separate 3 bedroom one and a half bath detached house, which is perfect for an owner’s unit and a duplex with 2 three bedroom, one and a half bath units.  All 3 units are separately metered for gas and electricity.  There are 6 open parking spaces at the front of the property.   This investment opportunity should provide substantial cash flow to an investor and is also perfect for an owner/user looking for rental income.