817 N Fries Ave
$4,500,000, 65 Beds 6 Baths 19,140 Sqft
About This Property
-Dense Wilmington Rental Market -Located in an Opportunity Zone - Investors May Be Eligible for Significant Tax Benefits -Walking Distance to Retail Shops of Avalon Boulevard & Pacific Coast Highway -Close Proximity to Harbor Park Golf Course, Neighboring Schools, & Port of Los Angeles -Two On-Site Laundry Facilities -Turnkey Asset with Legitimate Rental Upside -Current 6.50% Cap Rate & 9.00 GRM -Pro-Forma 7.88% Cap Rate & 7.96 GRM *Adjacent parcels (APN: 7416-031-015/016 ) available for purchase for $1,750,000.*
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