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.*

Essential Information

MLS® #19464430
Price$4,500,000
Bedrooms65
Bathrooms6.00
Square Footage19,140
Acres0.00
Year Built1923
TypeResidential Income
Sub-TypeApartment Building
StatusActive

Community Information

Address817 N Fries Ave
AreaWest Wilmington (195)
CityWilmington
CountyLos Angeles
StateCA
Zip Code90744

Amenities

ParkingOther

Interior

Interior FeaturesOther
HeatingOther
CoolingOther
# of Stories3

Additional Information

Date ListedApril 24th, 2019
Days on Market118
ZoningLARD1.5
HOA Fees0.00

Listing Details

AgentGianluca Jacoli(01938297)
OfficeShield CRE, Inc.

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