Property Detail

Description

Value-Add Triplex Opportunity in West Wilmington Rare opportunity to acquire a true income-producing triplex featuring three separate units: two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, each with private entrances and individual yard space — a configuration highly desirable for long-term rental stability. Property is currently subject to the LAHD REAP program. Seller reports approximately $35,000–$40,000 invested in recent repairs, with substantial corrective work completed. Current rental income reflects program-adjusted amounts. Strong long-term upside potential for investors seeking rental optimization and future income growth. Strategically located near Pacific Coast Highway, the 110 Freeway, schools, shopping, and major employment hubs in a high-demand rental corridor. Sold As-Is.