Wilmington, CA 90744
We are pleased to offer for sale this 27 Unit SRO (single room occupancy) building centrally located in Wilmington with easy access to the Port of LA & Long Beach and Downtown San Pedro. The SRO consists of eight Singles on the first floor and 18 rooms + manager's unit on the second floor with community baths. Only $50,000/door for SRO and $550,000 for land parcels. Upside in rents. SRO sits on approximately 4,500 sqft lot, with abutting parcel on 818 Sanford Ave totaling about 9,000 sqft of land primed for future development. Adjoining parcel currently being used as parking lot for SRO building. Lots of potential with the land parcel behind. Buyer to do own investigation with city of LA with regards to zoning. Please do not disturb or speak with tenants under any circumstances.
Daniel Shamooelian with BRC Advisors
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