Skip To Content

437 N Fries Avenue

Wilmington, CA 90744
  • $2,200,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: 22186023
UPDATED: 19 min ago
$2,200,000
  • 16
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,400
    SQFT
  • $344
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Listing Agent(s): Parviz Peter Dalili of Home Team Realty (310-539-4300)


Description

Brand new 2022 two buildings 4 units, all has been rented to a good business(Sober Living) for 5 years which they like to extend it to 10 years lease with every year increase, the base rent is $14000 per month for all 4 units the tenants pay all utilities and repairs(tear and wear) Good location, close to freeway 110 and all shopping area.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T18:40:19.19. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
www.itsyourmovesandiego.com/homes/131671894
Print Image

437 N Fries Avenue Wilmington, CA 90744

  • Price: $2,200,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 19 min ago
  • ID#: 22186023
16
Beds
0
Baths
0
½ Baths
0.22
Acres
6,400
SQFT
$344
$/SQFT
2022
Built
Neighborhood:
195 - West Wilmington
County:
Los Angeles
Area:
195 - West Wilmington
Property Description
Brand new 2022 two buildings 4 units, all has been rented to a good business(Sober Living) for 5 years which they like to extend it to 10 years lease with every year increase, the base rent is $14000 per month for all 4 units the tenants pay all utilities and repairs(tear and wear) Good location, close to freeway 110 and all shopping area.
Exterior Features

Entry Level 4 Parking Features Assigned Parking Total 10

Interior Features

Appliances Disposal Cooling Electric Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association YN No Cap Rate 6.5 Community Features Gated Gross Income 168000 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 140000 New Construction YN Yes Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire Detection SystemFire Sprinkler SystemGated CommunitySmoke Detector(S) Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T18:40:19.19. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369514351-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369514351-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369514351-1.jpg
Logo
Massa & Associates Real Estate Group | eXp California Realty Inc
848 Prospect St
La Jolla CA, 92037
Listing Agent(s): Parviz Peter Dalili of Home Team Realty (310-539-4300)