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902 Island Ave, Wilmington, CA, 90744

8beds
5baths
2,936sqft
$849,000
$289price/sqft
$5,950/moest. monthly cost
$238,000/yrincome needed

About This Home

Presenting an excellent investment opportunity near the Los Angeles Harbor! This well-maintained four-unit property is conveniently located in a thriving neighborhood, offering easy access to both the coast and the city. Each of the four units features a spacious 2-bedroom, 1-bath layout, ideal for tenants seeking comfort and convenience. The vacant unit is upgraded with 2 bedrooms and 2 full bathrooms, making it perfect for an owner-user or increasing rental potential. A rare advantage of this property is that each unit has its own water meter, allowing tenants to pay all utilities—a feature uncommon in multi-unit properties and a significant benefit for investors. Residents will enjoy proximity to a wealth of local amenities, including: *Los Angeles Harbor and waterfront attractions *Cabrillo Beach *Point Fermin Park *San Pedro Fish Market *Shopping centers, grocery stores, and diverse dining options. *Parks, bike paths, and recreation areas *Convenient public transportation access *Quality local schools. This property is competitively priced in a neighborhood with strong appreciation potential. Whether you're seeking to expand your portfolio or live in one unit while leasing the others, this fourplex is a great find in a sought-after Los Angeles location.

Getting Around

91
WalkingWalker's Paradise
0
TransitVery Limited Transit
85
BikeVery Bikeable

Schools

8/10
Harry Bridges SpanGrades K-80.5 mi

Construction

Condition

  • Year built: 1953

Materials

  • Foundation: Raised

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: Outside

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5

Features

  • Common walls with other units/homes: 1 Common Wall

Interior Area

  • Total structure area: 2,936
  • Total interior livable area: 2,936 sqft

Property

Details

  • Parcel number: 7416031029
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 0
  • Pool features: None

Lot

  • Lot size: 7,502 sqft
  • Features: 0-1 Unit/Acre,Corner Lot

Parking

  • Total spaces: 8
  • Parking features: Covered,Door-Multi,Direct Access,Driveway,Garage,On Site,Off Street,Paved,Private,One Space
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Uncovered spaces: 5