facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal

FOR SALE

$1,500,000

1010 E Anaheim St, Wilmington, Ca 90744

4,096 SF

Square Feet

$366

PPSF

8

Units

100.0K

PPU

7.33%

CAP

Property Description

Units

8 — PPU: 100.0K

NOI

$109,950

Cap Rate

7.33%

This property is an 8-unit apartment building located at 1010 E Anaheim St, Wilmington, CA. Built in 1940, it features a diverse unit mix of (8) 1-Bedroom/1-Bathroom apartments. The property is part of an 8-building portfolio, offering flexibility for investors. Financial highlights include a price of $187,000 per door, a Gross Rent Multiplier (GRM) of 9.04, and a current cap rate of 7.23%. With significant growth potential and immediate cash flow, this investment opportunity is situated in a burgeoning neighborhood known for its strong community and accessibility to major cities.


Property Details

Asset Type

MultiFamily

Year Built

1940

Zoning

Residential

Submarket

Wilmington

ZIP

90744

Listing Type

sale

Net Operating Income (NOI)

$174,436

Debt Service Coverage Ratio (DSCR)

2.04x

Cap Rate

11.63%

Cash Flow (Annual)

$89,107

Cash-on-Cash Return

23.76%

Monthly Debt Service

$7,111

Annual Debt Service

$85,329

View on Map

Address

1010 E Anaheim St, Wilmington, Ca 90744

Log in to see street view

Get exclusive comps and insights by logging in - it's free!

Wilmington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Taylor Avakian
Verified Badge

Taylor Avakian

First Vice President

53 closed

Send a Message

Taylor Avakian
Verified Badge

Taylor Avakian

First Vice President

53 closed