1020 Broad, Wilmington, CA, 90744
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Property Details
16
8
Multi-Family
Description
Property Details: • Type: Multi-Family • Bedrooms: 16 • Bathrooms: 8 • Square Feet: 6480 • Lot/Size: 8,485 sqft lot
Description: 1020 Broad Avenue is an excellent investment opportunity for an investor looking for a value-add acquisition with a massive 71 percent rental upside potential and a strong unit mix in a dense rental submarket undergoing significant redevelopment. 1020 Broad Avenue is a 1958 construction with eight two-bedroom/one-bath units that are separately metered for gas and electricity. The building is situated on a 8,483-square foot lot that offers surface parking both in the front and rear of the building. The building also offers shared laundry facilities. The property boasts several recent substantial improvements, including a new roof and water heater in 2020, replacement of the second-story walk
Location
Address
1020 Broad, Wilmington, CA, 90744
City
Wilmington
Features and Finishes
Year Built: 1958; [object Object]; [object Object]; [object Object]
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