801 W F ST new Save Request In-Person Tour Request Virtual Tour
Wilmington,CA 90744
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25183018
HOA Y/N No
Year Built 1963
Lot Size 4,804 Sqft
Property Sub-Type Quadruplex
Property Description
Positioned on a high-visibility corner in a walkable neighborhood, this four-unit building presents a compelling opportunity for investors seeking stability, upside potential, and minimal immediate maintenance. With key capital improvements already completed—including **new dual-pane windows (2023)** and a **new roof (2024)**—the property is well-positioned for long-term performance.
Two of the units have been upgraded with **newer furnaces** and **tankless water heaters**, reducing future replacement costs and enhancing tenant satisfaction. Each unit is notably **light and spacious**, contributing to tenant retention and consistent occupancy.
The property includes **four off-street parking spaces**, a valuable amenity in this area, and is located within walking distance of both an **elementary school** and **local shopping**, making it attractive to a broad tenant base. All appliances are tenant-owned, with the exception of Unit 4, minimizing owner responsibility for replacements.
**Importantly, the building falls under **Los Angeles City Rent Control (RSO)** guidelines, offering predictable regulatory parameters for long-term planning.This is a turn-key asset with strong fundamentals—ideal for investors looking to hold and benefit from steady cash flow, future appreciation, and a location that supports consistent demand
Location
State CA
County Los Angeles
Area 195 - West Wilmington
Zoning LAR1
Interior
Heating Wall Furnace
Cooling None
Flooring Tile
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Assigned
Pool None
Community Features Curbs,Sidewalks
Roof Type Flat
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7416018001
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard,Trust
Lease Land No