821 Flint Avenue

  • Wilmington

  • $1,900,000
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Residential Income Details

Description
We are pleased to offer for sale this 27 Unit SRO (single room occupancy) building centrally located in Wilmington with easy access to the Port of LA & Long Beach and Downtown San Pedro. The SRO consists of eight Singles on the first floor and 18 rooms + manager's unit on the second floor with community baths. Only $50,000/door for SRO and $550,000 for land parcels. Upside in rents. SRO sits on approximately 4,500 sqft lot, with abutting parcel on 818 Sanford Ave totaling about 9,000 sqft of land primed for future development. Adjoining parcel currently being used as parking lot for SRO building. Lots of potential with the land parcel behind. Buyer to do own investigation with city of LA with regards to zoning. Please do not disturb or speak with tenants under any circumstances.
Essential
MLS #18299188
Price$1,900,000
Number of Units27
Sale TypeStandard
StatusActive
Listing BrokerageBRC Advisors
Listing AgentDaniel Shamooelian
Listing Agent BRE #01984269
Interior
CoolingSee Remarks
Exterior
Community
Area196 - East Wilmington
Address821 Flint Avenue
CityWilmington
CountyLos Angeles
StateCA
ZipCode90744
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, July 26, 2018. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.