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Wilmington, CA 90744 1010 E Anaheim Street

$1,500,000

1010 E Anaheim Street Wilmington, Ca - Image 11010 E Anaheim Street Wilmington, Ca - Image 21010 E Anaheim Street Wilmington, Ca - Image 3
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1010 E Anaheim Street Wilmington, Ca - Image 41010 E Anaheim Street Wilmington, Ca - Image 51010 E Anaheim Street Wilmington, Ca - Image 61010 E Anaheim Street Wilmington, Ca - Image 7
Presented By: Aaron Jacobson with Lyon Stahl Investment Real Estate, Inc.; 310-729-1559
  • MLS# SB24098334
  • 05/15/2024
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  • BedBeds • 8
  • BathBaths • 1
  • FootageSQFT • 4,096

Home Details

Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 1010 E Anaheim St is a mostly Stabilized 8 unit apartment in Los Angeles County. Priced at a 9.04 GRM and 7.23% Current Cap rate, this asset is ideal for any investor looking for strong cash flow in a growing submarket of Los Angeles. The subject property boasts an excellent unit mix of (8)1-bed/1-bath Units. At only $187k/Door and $366/SF, this asset provides strong cash flow and immense upside. 1010 E Anaheim St is sandwiched between San Pedro’s new Waterfront Project and the City of Long Beach, 1010 E Anaheim is a quickly growing submarket in the South Bay.
Presented By: Aaron Jacobson with Lyon Stahl Investment Real Estate, Inc.; 310-729-1559

Interior Features for 1010 E Anaheim Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 1010 E Anaheim Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate7.23
Carport Y/NNo
CityWilmington
Community FeaturesBiking, DogPark, Park
CountyLos Angeles
Days on Market10
DirectionsOff Alameda on Wilmington
Electric Expense0.0
Entry LocationFront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income165959.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange
Lot Size Square Feet4801.0
Lot Size UnitsSquareFeet
MLS Area196 - East Wilmington
MobileHomeRemainsYNNo
Net Operating Income108503.0
New ConstructionNo
NumberOfUnitsTotal8
Open Parking Spaces8.0
Operating Expense52477.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot3
Trash Expense0.0
UtilitiesSewerNotAvailable
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningLAM2

Exterior for 1010 E Anaheim Street

Building Area Total4096.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1102
Lot Size Area4801.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,500,000
MLS#SB24098334
List Date 05/15/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors