Listing provided courtesy of Gianluca Jacoli of Shield CRE, Inc.. Last updated 2019-07-03 09:43:57.000000. Listing information © 2024 CLAW.

Asking Price: $4,500,000

817 FRIES, Wilmington CA 90744

Community: ​West Wilmington

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This property was built in 1923 and is priced at $4,500,000. Please see the additional details below.
  • 19,140 Sq Ft
  • 6 bathrooms
  • 65 bedrooms
  • MLS#: 301700429231
  • Type:
  • Year Built: 1923
-Dense Wilmington Rental Market -Located in an Opportunity Zone - Investors May Be Eligible for Significant Tax Benefits -Walking Distance to Retail Shops of Avalon Boulevard & Pacific Coast Highway -Close Proximity to Harbor Park Golf Course, Neighboring Schools, & Port of Los Angeles -Two On-Site Laundry Facilities -Turnkey Asset with Legitimate Rental Upside -Current 6.50% Cap Rate & 9.00 GRM -Pro-Forma 7.88% Cap Rate & 7.96 GRM *Adjacent parcels (APN: 7416-031-015/016 ) available for purchase for $1,750,000.*

Call or Email David Bailey now to inquire about this property

310-850-2107