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1020 Broad Ave
Wilmington, CA 90744

$1,375,000 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
• Zoning RD3, Los Angeles

40 Transit Score

50 Walk Score

Highlights

Value-Add Opportunity With Massive Upside Potential: Eight-unit apartment building with 71 percent rental upside

Desirable Floor Plans: All two-bedroom/one-bath units

Significant Improvements Already Completed: Newer roof and water heater, 2 units remodeled, 2nd floor walkway SB721 compliant

Redeveloping Coastal Rental Submarket: Substantial public investment has been made to improve the L.A. waterfront in Wilmington

Property Flyers

OM - 1020 Broad Ave

Amenities

• Fenced Lot
• Laundry Facilities

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:	8
Type:	Surface
Included in Rent:	Yes