Wilmington, CA 90744,716 FLINT AVE

$1,206,500

$1,250,000

3.5%
Est.Price: ?

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Est. payment /mo

6,398 Sqft Lot


SOLD DATE : 04/29/2014

Key Details

Sold Price $1,206,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 13721127

Sold Date 04/29/14

HOA Y/N No

Year Built 1923

Lot Size 6,398 Sqft

Property Description

Offered at 4.5 times gross, The Harbor Inn at 716 Flint Avenue in Wilmington is a clean, quiet 48 SRO Apartment-Hotel with a stabilized tenancy and positive cash flow. All 48 guest rooms, laundry, and office are legally registered with DBS and LAHD. One of the legal guest rooms is being used for storage; an on-site manager occupies a guest room as well. Email listing agent for full disclosures and marketing package. There are 2 large public bathrooms on each floor, which include a bathtub and separate shower and toilet. The manager' s unit and another have their own bathrooms as well. Standard, non-distressed sale.

Location

State CA

County Los Angeles

Area 196 - East Wilmington

Zoning LAM2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features None

View Y/N No

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 7424022012

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Darin Spillman • Kidder Mathews of California, Inc.
Bought with Richard Hu • Richard Hu

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