Wilmington, CA 90744 1118 E O Street
$849,000
53 more
Presented By: Sabrina Castrillon with Century 21 Union Realty; 424-262-3133
Beds • 7
Baths • 4
SQFT • 2,640
Home Details
Discover this well-maintained 2,640 square foot Wilmington triplex nestled on a spacious 4,758 square foot lot, featuring a single building with three distinct units. The front unit boasts 3 bedrooms and 2 full baths, while both upper and lower units at the rear offer 2 bedrooms and 1 bath each. Complete with a fenced-in property and in-unit laundry in all units, two units are currently leased to reliable tenants, ensuring immediate rental income with substantial upside potential. The upstairs 2/1 unit is now vacant and ready for the next owner. Ideal for homeowners looking to live in one unit and rent out the other two or investors seeking a turnkey property in Wilmington's sought-after rental market, this triplex presents a rare opportunity. Don't miss your chance to own a piece of Wilmington's history while enjoying consistent rental revenue. Additionally, the property features three carports, a cemented driveway, and easy freeway access, combining convenience and functionality.
Presented By: Sabrina Castrillon with Century 21 Union Realty; 424-262-3133
Interior Features for 1118 E O Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside, InKitchen
Total Stories2
Other Rooms
Entry Level1
General for 1118 E O Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces3.0
Carport Y/NYes
CityWilmington
Community FeaturesCurbs, StreetLights
ContingencyBuyers are to participate in a 1031 exchange at no cost or delay.
CoolingNone
CountyLos Angeles
Days on Market86
DirectionsNorth of PCH, between Avalon and Alameda
Electric Expense0.0
Entry LocationEast side
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income62964.0
HOA0.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense1943.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet4760.0
Lot Size UnitsSquareFeet
MLS Area196 - East Wilmington
MobileHomeRemainsYNNo
Net Operating Income29787.0
New ConstructionNo
NumberOfUnitsTotal3
Open Parking Spaces4.0
Operating Expense2960.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Tax Lot196
Tenant PaysCableTV, Electricity, Gas
TermsCash, Conventional, Item1031Exchange
Trash Expense408.69
UtilitiesElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
View Y/NNo
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense608.45
Waterfront Y/NNo
Year Built1965
Year Built SourceAssessor
ZoningLAR1
Exterior for 1118 E O Street
Building Area Total2640.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.1093
Lot Size Area4760.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking7.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480