Just reduced $10,000. Live in one unit and collect $950/month from the other unit! 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.
Update: The sellers added new carpeting to the 1111 bedroom.
1111 & 1113 Ravenna Ave, Wilmington CA
- $355,000 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.
Of course you could also rent out both units and make roughly $24,000 a year in gross rental income. With one unit vacant, you can set the rent rate for that and choose your tenant.
Income – One unit will be delivered vacant at close of escrow.
- Proforma annual gross rental income if both units rented out – $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!
Front Room with large storage closet
Front room with decorative mantle.
Kitchen with stainless steel appliances.