$1,206,500
$1,250,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
716 FLINT AVE Wilmington, CA 90744
9,060 SqFt
Key Details
Sold Price $1,206,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,060 sqft
Price per Sqft $133
MLS Listing ID 13721127
Sold Date 04/29/14
HOA Y/N No
Year Built 1923
Lot Size 6,398 Sqft
Acres 0.1469
Property Description
Offered at 4.5 times gross, The Harbor Inn at 716 Flint Avenue in Wilmington is a clean, quiet 48 SRO Apartment-Hotel with a stabilized tenancy and positive cash flow. All 48 guest rooms, laundry, and office are legally registered with DBS and LAHD. One of the legal guest rooms is being used for storage; an on-site manager occupies a guest room as well. Email listing agent for full disclosures and marketing package. There are 2 large public bathrooms on each floor, which include a bathtub and separate shower and toilet. The manager' s unit and another have their own bathrooms as well. Standard, non-distressed sale.
Location
State CA
County Los Angeles
Area 196 - East Wilmington
Zoning LAM2
Interior
Heating WallFurnace
Cooling None
Fireplace No
Exterior
Garage None
View Y/N No
Parking Type None
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 7424022012
Special Listing Condition Standard
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Bought with Richard Hu • Richard Hu