90744 Homes with Apartment Subtype

90744 Homes with Apartment Subtype

Located in the state of California, in Los Angeles County, the zip code 90744 encompasses the vibrant city of Wilmington. This area is known for its diverse community, bustling streets, and a wide range of amenities, making it an attractive place to call home.

One notable feature of the real estate market in 90744 is the prevalence of homes with the apartment subtype. Whether you are a first-time buyer, a growing family, or an investor, these properties offer unique advantages. Apartments in this area provide a convenient and affordable housing option, allowing residents to enjoy the benefits of city living without breaking the bank.

With a variety of apartment styles and sizes available, there is something to suit every taste and budget. From cozy studios to spacious multi-bedroom units, these homes offer a range of amenities such as on-site parking, laundry facilities, and sometimes even fitness centers or swimming pools. Many apartments in 90744 are also situated in close proximity to shops, restaurants, and public transportation, making daily commutes and errands a breeze.

If you are considering a move to the 90744 zip code, exploring the homes with the apartment subtype can be a great starting point. With their affordability, convenience, and proximity to urban amenities, these properties offer an excellent opportunity to experience the best of what Wilmington has to offer.

Newest 90744 Homes with Apartment Subtype

$2,950,000
OC26175414 MLS Active Status
The Mogharebi Group is pleased to present the opportunity to acquire a 16-unit apartment community located at 720 North Wilmington Boulevard in the City of Wilmington, California. Situated on a 13,398 square foot lot, the property consists of two two-story residential buildings totaling approximately 10,488 square feet and features an attractive unit mix of sixteen two-bedroom, one-bathroom apartments. The Current capitalization rate is 5.10% at asking price and the Market capitalization rate exceeds 8%. The property offers investors the opportunity to acquire a well-located workforce housing asset in one of Los Angeles County's strongest rental markets. All units are individually metered for gas and electricity, significantly reducing owner operating expenses, while tenants benefit from convenient on-site parking and landscaped courtyard areas. Every apartment is a desirable two-bedroom floor plan featuring vinyl flooring and carpet in the living areas, Formica countertops, gas wall heating, range/oven, refrigerator, hood fan, and garbage disposal. The property includes sixteen surface parking spaces, central gas water heating, and attractive landscaped common areas. Located just minutes from the Port of Los Angeles, Interstate 110, SR-47, and numerous major employment centers throughout the South Bay and Harbor region, the property benefits from consistent tenant demand driven by port-related employment, logistics, manufacturing, healthcare, and transportation industries. The central location also provides convenient access to Downtown Long Beach, San Pedro, Carson, and Torrance. l. Investment Highlights • 16 spacious two-bedroom, one-bathroom apartment homes • Two-story apartment community on approximately 13,398 SF lot • Approximately 10,488 rentable square feet • RUBS in place • Individually metered for gas and electricity • Sixteen on-site surface parking spaces • Landscaped courtyard setting • Strong workforce housing location serving the Port of Los Angeles and South Bay employment centers • Opportunity to increase income through unit upgrades and professional management • Excellent long-term hold in a high-demand Los Angeles County rental market

724 N Wilmington, Wilmington

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.