MLS® ID: PW19182160
12500 S Wilmington Avenue
Inglewood, California, 90222 $2,690,000
12500 South Wilmington Avenue, a 2016 construction seven-unit apartment community in Compton, California. This offering presents an outstanding opportunity for an investor to acquire a newer construction asset with excellent in-place cash flow, potential upside in rents, and low operating and maintenance expenses.
The property consists of four buildings on a 0.37-acre lot and offers a strong mix of six four-bed/three-bath units and one three-bed/two-bath unit. The units are separately metered for all utilities, and each unit has a two-car garage and a full appliance package, including a washer and dryer.
12500 South Wilmington Avenue is located next to a church and across from a school complex that consists of Harriet Tubman High School, Thurgood Marshall Alternative School and Cesar Chavez Continuation High School. Additionally, the property is conveniently near the Metro Green Line (Willowbrook / Rosa Parks Station), and just a half-mile from the 105 freeway and Kenneth Hahn Plaza, a shopping center that features Food4Less, Rite Aid, Subway, Denny's and mother.