FOR SALE

Fully Occupied Duplex in Wilmington

Los Angeles

1509 East L Street, Wilmington, CA 90744

Property Description

1509 E. L Street is nice duplex opportunity located in Wilmington in Los Angeles, Ca. This 2 unit property has a front 2/1 single family home with a detached 2/1 unit in the rear that also has a large detached garage that can offer ADU potential in the future. Both units are currently tenant occupied with huge upside in the rents.

This property allows potential for an owner-occupier or investor to reposition the property to live in or achieve increased rents in the area. This building was built in 1951with a total size of 1,350sf sitting on 5,207sf of R1 zoned land. This is in an Opportunity Zone!

Features and Highlights

  • Both Units Two Bedrooms, One Bathroom.
  • Detached Garage for Future ADU Potential
  • Subject to City of Los Angeles Rent Stabilization.
  • Good Location in Wilmington near Carson, UCLA Harbor Medical Center, Old Town Torrance, Both 110 & 405 Freeways, Porsche Experience, Parks & Recreation, and Restaurants & Shops.

Property Details

  • Price:$449,000
  • # of Units2
  • Building Size:1,350 SF
  • Lot Size:5,207 SF
  • Year Built:1910
  • Zoning:LA-R1
  • Occupancy:100%
  • Opportunity Zone:Yes

Listing Agent: Brian Noh, CCIM DRE: 01438115