424 Island Avenue, Wilmington, CA 90744

  • $679,000
424 Island Avenue
ResidentialIncome Active
424 Island Avenue, Wilmington, CA 90744
424 Island Avenue
  • $679,000

Overview

Property ID: HZSB25145499
  • Quadruplex
  • Property Type
  • 4
  • Garages
  • 1954
  • Year Built

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!

  • Address Island
  • City Wilmington
  • State/county Los Angeles
  • Zip/Postal Code 90744

Details

Updated on June 29, 2025 at 7:08 am
  • Property ID: HZSB25145499
  • Price: $679,000
  • Land Area: 0.1725 SquareFeet
  • Garages: 4
  • Year Built: 1954
  • Property Type: Quadruplex
  • Property Status: ResidentialIncome
  • Listed by: Alice Rodriguez
  • DRE #: 01362049
  • Contact Phone: 310-738-2511
  • Contact Mail: arod@kw.com
  • Brokered by: Keller Williams Realty

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