Four-Unit Multifamily
For Sale
Contact for pricing
1445 N Wilmington Blvd, Wilmington, CA 90744
Four two-bedroom apartments include one renovated vacancy and three units occupied by established tenants.
Property Size2,867 SF
Lot Size0.11 Acres
Price / SF$319.15
Days on Market9
Property Features for 1445 N Wilmington Blvd
General Information
Standard status
Active
Size
2,867 SF
Net Rentable
2,867 SF
Total Parking Spaces
7
Lot size
0.11 Acres
Property subtype
Multifamily
Zoning
LARD1.5
Occupancy
75%
Investment Type
Value Add
Net Operating Income
$53,940
Financials
Cap Rate
5.9%
Gross Rent Multiplier
11.63
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Additional Details
Highway Access
Yes
Building Details
Year Built
1965
Units
4
Tenancy
Multi
Listing Agency:
Lyon Stahl Investment Real Estate
(310) 425-9838
Listed By:
Brett Lyon · License #CA 01717818
Source:
Crexi
Added: Aug 4
Changed: Aug 11
Last Checked: Aug 11 at 6:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
This 1965 multifamily property contains four two-bedroom, one-bath apartments with approximately 2,867 square feet of rentable building area on a 4,781-square-foot lot. Three units are occupied by long-term tenants, while the remaining apartment has been renovated and is vacant for leasing. The property is zoned LARD1.5 and reports a 5.90% current CAP rate with an 11.63 current GRM. Pro forma figures indicate an 11.43% CAP rate and 6.93 pro forma GRM upon stabilization.
Located at 1445 N Wilmington Blvd in Wilmington, the property is near the Port of Los Angeles, Port of Long Beach, Harbor Freeway (110), Pacific Coast Highway, and surrounding industrial, logistics, and employment centers. The four-unit configuration offers an established rental base alongside a renovated unit ready for occupancy.
Located at 1445 N Wilmington Blvd in Wilmington, the property is near the Port of Los Angeles, Port of Long Beach, Harbor Freeway (110), Pacific Coast Highway, and surrounding industrial, logistics, and employment centers. The four-unit configuration offers an established rental base alongside a renovated unit ready for occupancy.
Key Highlights
- Four 2‑Bedroom/1‑Bath units totaling approximately 2,867 square feet
- Built in 1965 on a 4,781‑square‑foot lot
- Three units occupied by long‑term tenants; one renovated unit is vacant
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
75%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
Explore this area
Business Placement
Demographics for 90744, CA
53,074
Population
15,536
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
62%
High-School Grad
8.9 sq mi
ZIP Area
5,963
Density / Sq Mi
$61,440
Median Household Income
$32,781
Median Earnings
$1,426
Median Rent
$596,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom apartments include one renovated vacancy and three units occupied by established tenants.
Where is this quadplex located?
The property is located at 1445 N Wilmington Blvd Wilmington, CA.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Four 2‑Bedroom/1‑Bath units totaling approximately 2,867 square feet; Built in 1965 on a 4,781‑square‑foot lot; Three units occupied by long‑term tenants; one renovated unit is vacant
