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15-Bedroom Triplex
For Sale
$1,880,000

943 Broad Avenue, Wilmington, CA 90744

Three separate residences feature tenant-paid utilities and individual metering.

Property Size4,933 SF
Price / SF$381.11
Days on Market193

Property Features for 943 Broad Avenue

General Information

Standard status Active
Size 4,933 SF
Total Parking Spaces 6
Property subtype Residential Income
Zoning LAR3

Financials

Cap Rate 6.37%
Gross Income $168,180

Units

Unit Mix 3 x 5BR/3BA
Multifamily Units 3

Building Details

Building Size 4,933 SF
Year Built 2019
Buildings 2
Stories 2
Units 3
Listing Agency: Urban Real Estate, Inc.
Listed By: Koeun Hwang · License #01718399
Source: Buyersonlycoastalrealty
Added: Apr 14 Changed: Oct 22 Last Checked: Oct 22 at 2:12PM

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 Urban Real Estate, Inc.

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Investment Insights

Based on property information with market context.

Built in 2019, this Wilmington triplex contains three self-contained residences, each configured with 5 bedrooms and 3 bathrooms, for a total of 15 bedrooms. The property is 4,933 SF and zoned LAR3. Each residence is separately metered, and tenants pay utilities. The building is described as exempt from local rent control; a solar panel lease transfers to the buyer.

The property is in Wilmington, near the Ports of Los Angeles and Long Beach. Its stated capitalization rate is approximately 6.37%.

Key Highlights

  • Three residences, each with 5 bedrooms and 3 bathrooms; 15 bedrooms total
  • 4,933 SF property built in 2019
  • LAR3 zoning

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,429
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three separate residences feature tenant-paid utilities and individual metering.
Where is this triplex located?
The property is located at 943 Broad Avenue Wilmington, CA.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: Three residences, each with 5 bedrooms and 3 bathrooms; 15 bedrooms total; 4,933 SF property built in 2019; LAR3 zoning
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