424 Island Ave, Wilmington, CA

Name: 424 Island Ave, Sold in Wilmington - eXp Commercial Brokerage
Brand: keller williams realty
SKU: SB25145499
Price: 679000 CAD

Real Estate

Sold

$--,---,---

$679,000

004

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size -

Garage Yes

Taxes

Lot Size

Approx. Age 1954

MLS® Number SB25145499

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Charming Multi-Unit Property with Tremendous Potential First Time on the Market Since 1993 This exceptional property is being offered for the first time in over three decades, lovingly maintained by the original owners. Nestled on a spacious 7, 500+ square foot lot, this unique opportunity invites you to explore its potential for expansion, including the addition of extra units. Key Features: • Long-Term Tenants: Each unit is occupied by long-term residents who show pride in their homes and create a strong sense of community within the building. • Unit Details: The property comprises well-maintained 1-bedroom, 1-bathroom units, ideal for tenants seeking comfortable and cozy living spaces. • Upgrades: The property boasts a newer roof and updated wall heaters, reflecting the meticulous care and attention it has received over the years. • Expansion Opportunity: With its expansive lot size of over 7, 500 square feet, there’s plenty of room to add additional units, maximizing rental income potential. Additional Information: This property is being sold alongside its sister building, located at 414 Island SB25145484, offering a rare chance to acquire two prime investments simultaneously. The seller is motivated, providing an excellent opportunity for investors or those looking to expand their portfolio. Don’t miss out on this rare gem—ideal for both seasoned and first-time investors. Schedule your viewing today!Show Description

MLS® NumberSB25145499

Laundry LevelCommon Area

Central VacNo

FireplaceNo

Acreage0.1725

Exterior

GarageYes

Approx. Age1954

Basement

DrivewayGarage

Garage Spaces

HeatWall Furnace