List Search

1041-1045 Gulf Ave
Wilmington, CA 90744

$995,000 USD

Apartments For Sale  •  2,752 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,752 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 5.01 %
  • Zoning LARD2
48 Transit Score
80 Walk Score

Highlights

Terrific opportunity for both investors and owner-occupants!
Just minutes from the Port of Los Angeles, the largest employer in the region
Unit mix of (2) 2 beds and (2) 1 beds.
Front unit is completely renovated with brand new kitchen and bathroom!

Financial Summary (Actual)

Net Operating Income: $49,813 USD (2025)
Cap Rate: 5.01 %
Total Expenses: $37,114 USD

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 16 min - 9.3 mi
Los Angeles International 25 min - 17.6 mi
John Wayne/Orange County 39 min - 29.5 mi
Joshua Cohen 310-480-2130 The Cohen Group
Joshua Cohen 310-480-2130 The Cohen Group