1204 Ravenna Ave, Wilmington, CA 90744 | For Sale

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For Sale $725,000 ($377.21 per Sq Ft)

$725,000 ($377.21 per Sq Ft)
  • (0)
  • 3 Bedrooms
  • 3.00 Bathrooms
  • 1,922 Sq Ft
  • 7,105 Sq Ft

Description

Wonderful owner-user or investor opportunity with this charming triplex on a 7,105sf lot. Each unit is one bedroom and one bathroom. Front duplex with one shared wall and rear unit that is completely detached. A three car garage structure is located in the middle of the two residential structures and includes the common laundry area. One unit is currently vacant. Do NOT disturb the occupants.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $725,000
Property Type Triplex (3-units)
Usable Sqft 1,922
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1924
Last Sold Unknown
Sold Price Unknown
APN # 7420012029
MLS # 25480719
Property ID 321172743
Lot Sqft 7,105
Zoning LAR1
Total Units 3
Days on Market 21
Original List Price $725,000
Date Updated January 19, 2025
Date Created January 11, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 1 1.00 $1,205 $1,995
Unit #2 1 1.00 $1,833 $1,995
Unit #3 1 1.00 $0 $1,995
Gross Income (Yr) $ 60,400
Operating Expenses $ 20,400
Net Income (Yr) $ 40,000
Cap Rate 5.50%
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Listing Provided By

Melissa Barlow an agent of . Lic #01498928


© 2025 CARETS and TheMLS. All rights reserved. Based on information from CARETS as of January 19, 2025 The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



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