Stay tuned for more...
USDAProperties.com is sifting through the details...

 

 

 

$849,000   Price Analysis
Agent Details  share icon     map icon  QR
1118 E O St
Wilmington, CA 90744
7 bed 4 bath 2,640 SqFt ($321/SqFt)
4,760SqFt lot. Built 1965
Listed 2024-06-28, Taxes $7,506
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Discover this well-maintained 2

640 square foot Wilmington triplex nestled on a big 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 rady 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 w hile 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 at
CENTURY 21 Union Realty Co.
Listing Agent Photo

Property MLS #SB24132519 from CRMLS

Bedrooms: 7

Laundry Features: In Kitchen, Inside

Full Bathrooms: 4

Carport Spaces: 3
Parking Total: 7

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.1092746
Lot Size Source: Assessor
Lot Size Square Feet: 4760

Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Calculated Total Monthly Association Fees: 0

Tenant Pays: Cable TV, Electricity, Gas
Rent Control: Yes

Community Features: Curbs, Street Lights

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1943.00
Area: 196 - East Wilmington
Source Neighborhood: 196 - East Wilmington
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 7426014005
Trash Expense: 408.69
Zoning: LAR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$303,366 + $303,366
$606,732
$7,506
2021$297,418 + $297,418
$594,836
$7,405
2020$294,369 + $294,369
$588,738
$7,475
2019$288,598 + $288,598
$577,196
$7,188
2018$282,940 + $282,940
$565,880
$7,093
2017$200,000 + $300,000
$500,000
$6,286
2016$171,000 + $279,000
$450,000
$5,645
2015$160,000 + $260,000
$420,000
$5,288
2014$160,000 + $260,000
$420,000
$5,422
2013$160,000 + $230,000
$390,000
$5,079
2012$160,000 + $230,000
$390,000
$5,243
2010$160,000 + $230,000
$390,000
$5,274
2009$250,000 + $250,000
$500,000
$6,416
2009$160,000 + $230,000
$390,000
$6,416
2008$340,000 + $300,000
$640,000
$7,929
2007$142,335 + $91,868
$234,203
$3,046

Listed 2024-06-28
$849,000
CRMLS
Sold 2008-09-29
$315,000
Public Record
Listing removed 2008-08-16
$399,000
ITECH
Listing removed 2008-05-26
$455,000
ITECH
Listing removed 2008-05-26
$455,000
ITECH
Listing removed 2008-05-25
$455,000
ITECH
Listed 2008-05-16
$399,000
ITECH
Listed 2008-03-31
$455,000
ITECH
Listed 2008-02-25
$455,000
ITECH
Listed 2008-02-25
$455,000
ITECH
Sold 2007-02-16
$640,000
Public Record
Sold 1993-05-28
$181,000
Public Record

Net Operating Income: 29787.00

Total Square Feet Living: 2640
Year Built: 1965
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: East side
Property Age: 59
Property Attached: Yes
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 608.45
Electricity Connected
Natural Gas Connected
Phone Connected
Sewer Connected
Water Connected
Water Source: Public

Wilmington Park Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

Phineas Banning Senior High School is a public high school located approximately 0.8 miles away.
directions icon Map directions

Wilmington Mid Sci Tech Engr Arts Math (STEAM) Magnet is a public middle school located approximately 1.5 miles away.
directions icon Map directions

Holy Family School is a private elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
garageunknownporchporchliving_room
unknownunknownunknownkitchenkitchen
kitchenlaundry_roombathroombedroombedroom
bedroombedroomlaundry_roomunknownunknown
unknownliving_roomliving_roombathroomliving_room
bedroombedroombedroombedroomlaundry_room
kitchendining_roomliving_roomdining_roomlaundry_room
bathroomgarageunknownunknownunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.