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632 N Wilmington Blvd, Wilmington, CA, 90744

12beds
7baths
5,336sqft
$1,585,000
$297price/sqft
$10,305/moest. monthly cost
$412,200/yrincome needed

About This Home

This gorgeous property is every Investor's Dream . . . a well-maintained, quiet building with ultra-stable residents. Moreover, the building was built in 1986, and therefore, it is NOT subject to LA City Rent Control. This fantastic investment property consists of six (6) 2-bedroom apartment units and a total of thirteen (13) parking spaces, six of which are found in enclosed garages. The new roof was installed in 2024 and the building was freshly painted in June of 2026. Other features include entry gates and an on-site laundry room. Nestled squarely in the heart of Wilmington, the property is conveniently located close to shopping, restaurants, financial institutions, parks, places of worship, employment centers, and public transportation. Another feature is the upside potential with respect to the property's rental income; again, the building is NOT subject to LA City Rent Control.

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
84
BikeVery Bikeable

Construction

Condition

  • Year built: 1986

Materials

  • Roof: Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Mixed Use

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 7

Features

  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 5,336
  • Total interior livable area: 5,336 sqft

Property

Details

  • Parcel number: 7416017022
  • Attached to another structure: Yes
  • Zoning: LAR-3
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Gate/Driveway
  • Pool features: None
  • Spa features: None
  • Fencing: Wrought Iron

Lot

  • Lot size: 6,722 sqft
  • Features: Rectangular Lot

Parking

  • Total spaces: 13
  • Parking features: Assigned,Covered,Carport,Electric Gate,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 10
  • Uncovered spaces: 3
  • Carport: Yes
  • Carport spaces: 4