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1020 Broad Ave
Wilmington, CA 90744

$1,495,000 USD

Apartments For Sale • 6,480 SF

Property Details

Property Type Apartments
Total Building Size 6,480 SF
Lot Size 0.19 AC
Building Class C
Year Built 1958
Cap Rate 5.04 %
Zoning RD3, Los Angeles

43 Transit Score

84 Walk Score

                
                    Highlights
                
                                All 2 Bedroom (Above Average in size) units. Upgraded Roof, Electrical, SB 721 Compliant, Massive Upside in rents -Subject to LA City Rent Control

Property Flyers

2-2026 Set up 1020 Broad $1.495M

2-2026 Rent Roll 1020 Broad

Financial Summary (Proforma)

Net Operating Income: $75,418 USD (2026)

Cap Rate:	5.04 %
Total Expenses:	$53,890 USD

Amenities

24 Hour Access
Air Conditioning
Courtyard
Fenced Lot
Laundry Facilities
Refrigerator
Range
Tub/Shower
Garden
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	16 min	-	8.7 mi
Los Angeles International	26 min	-	17.5 mi
John Wayne/Orange County	38 min	-	28.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	7
Type:	Surface
Included in Rent:	Yes

David Holstein 310-345-9994 The Holstein Group Inc.

1020 Broad Ave Wilmington, CA 90744