Just Listed - Duplex in Wilmington CA

Wilmington, CA is a “hot spot” in the South Bay of Los Angeles for income producing properties. Charlemagne Int’l Properties recently listed a side by side duplex on Ravenna Avenue, and this upgraded property will make a savvy addition to most rental income portfolios.

1111 & 1113 Ravenna Ave, Wilmington CA

• $365,000 listing price
• Two one bedroom, one bath units. One unit has remodeled kitchen. Some appliance upgrades.
• Garage with two spaces.
• 1152 sq.ft. building
• 3630 sq.ft. lot
• West Wilmington location is one of the highest demand rental areas of the city.

Each unit is one bedroom with interior laundry area and one space in the two-car garage. One unit’s kitchen was recently remodeled with new cabinetry, granite counters and stainless appliances. The other unit is upgraded with stainless appliances as well.

Income – One unit will be delivered vacant at close of escrow, so you can choose your tenant and rent rate.

• Proforma annual gross rental income – $24000
• 1 Bed/1 Bath rent – $950/month current rent
• 1 Bed/1 Bath rent – $1050/month (proforma based on actual offers from prospective tenants)

Call us soon, this one won’t last!

Josh Toering, Realtor at Charlemagne Intl Properties
ToeringandTeam@gmail.com or use our contact form
310-525-9440

Side by side one-bedroom units with laundry hook-ups inside.

Each unit gets a garage space.

Nice detail features inside.

Side access to the garage.

Updated bathroom