823 Lagoon Avenue, Wilmington (90744)
$1,895,000
0 
0
5,301
PROPERTY DETAILS
| Address: |
view address Wilmington, CA 90744 Map Location |
Features: | Multi-level |
|---|---|---|---|
| Square Feet: | 5,301 sq.ft. | Lot Size: | 7514.0 |
| Year Built: | 1965 | Property Type: | Apartment |
| County: | Los Angeles | List Date: | 2024-03-17 |
| Listing Number: | IV24054268 | Listing Office: | 909-256-7889 |
PROPERTY DESCRIPTION
SELLER WILL ENTERTAIN ALL OFFERS. Tremendous upside with a potential for the addition of a two bedroom (App. 760SF) ADU to rear garages, with plans and architectural drawing (see photos). Impressive offering actual CAP Rate of 5.25% / Introducing The Lagoon Flats, an impressive two-story, seven-unit multifamily investment property situated at 823 Lagoon Ave, Wilmington, CA. This charming garden-style apartment building boasts an attractive exterior, encompassing approximately 5,301 square feet within a 7,512 square foot lot, and holds the LARD1.5 zoning designation. Originally constructed in 1965, The Lagoon Flats underwent a tasteful renovation in 2023, featuring remodeled interior units, a new roof, windows, and drought-tolerant landscaping. The unit composition consists of four one-bedroom/one-bath units, one two bedroom/ two-bath unit, and two two-bedroom/one and
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Interior
Features
| Laundry Features: | Common Area | Laundry: | Yes |
Exterior
Exterior and Lot
| Lot features: | Rectangular Lot |
Pool and Spa
| Pool Features: | None |
Parking
| Garage spaces: | 8 |
Property and Lot Details
Features
| Community Features: | Sidewalks |
Other
| Sewer: | Public Sewer |
Fee
| Special Listing Conditions: | Standard |
Building Information
| Year Built: | 1965 | Levels: | Two |
| Stories: | 2 |
Lot
| Lot Dimensions: | 7514.0 |
Construction
| Building Area total: | 5301.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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