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Wilmington, CA 90744 1305 E O Street

$680,000

1305 E O Street Wilmington, Ca - Image 11305 E O Street Wilmington, Ca - Image 21305 E O Street Wilmington, Ca - Image 3
Presented By: Jeff Cossio with Grand Avenue Realty & Lending; 714-392-5803
  • MLS# PW23093607
  • 05/29/2023
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  • BedBeds • 4
  • BathBaths • 2
  • FootageSQFT • 1,523
  • GarageGarage • 2

Home Details

A duplex in the city of Wilmington is a great investment property with tenants already in place with some upside. Each units has two bedrooms and one bathroom, as well as its own laundry facilities. The property also features a detached garage for each tenant for storage which can be accessed at the rear from the alley. The property is beside a small park, close to schools and major freeways.
Presented By: Jeff Cossio with Grand Avenue Realty & Lending; 714-392-5803

Interior Features for 1305 E O Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInKitchen
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 1305 E O Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.0
Carport Y/NNo
CityWilmington
Community FeaturesCurbs, Park, StreetLights, Sidewalks
Contingency1031 exchange at no cost to the buyer; seller has identified a replacement property - property is being sold occupied and seller will not evict.
CountyLos Angeles
Current FinancingConventional
Days on Market180
DirectionsOff 710 S, ext PCH, R on Watson and R on O st
Electric Expense0.0
Entry Locationsteps
Garage Spaces2.0
Garage Y/NYes
Gross Income33855.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense1610.0
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsItem1031Exchange
Lot Size Square Feet5015.0
MLS Area196 - East Wilmington
MobileHomeRemainsYNNo
Net Operating Income30333.0
New ConstructionNo
Number of Units Leased2
Ok to LeaseMonthToMonth
Operating Expense5132.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameO
Tax Lot155
Taxes$8,500
Total Actual Rent33840.0
Total Units2
Trash Expense0.0
ViewNone
View Y/NNo
Water Sewer Expense3522.0
Waterfront Y/NNo
Year Built1948
Year Built SourceAssessor
ZoningLAR1

Exterior for 1305 E O Street

Building Area Total1523.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard
Lot Size Acres0.1151
Lot Size Area5015.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesGarage, GarageFacesRear
SpaNo
Total Parking2.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $680,000
MLS#PW23093607
List Date 05/29/2023
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors