823 Lagoon Avenue
Wilmington, CA 90744
- – beds
- – baths
- – sqft
- 7,514 sqft lot
- 1965 build
- – on site
SELLER WILL ENTERTAIN ALL OFFERS. Tremendous upside with a potential for the addition of a two bedroom (App. 760SF) ADU to rear garages, with plans and architectural drawing (see photos). Impressive offering actual CAP Rate of 5.25% / Introducing The Lagoon Flats, an impressive two-story, seven-unit multifamily investment property situated at 823 Lagoon Ave, Wilmington, CA. This charming garden-style apartment building boasts an attractive exterior, encompassing approximately 5,301 square feet within a 7,512 square foot lot, and holds the LARD1.5 zoning designation. Originally constructed in 1965, The Lagoon Flats underwent a tasteful renovation in 2023, featuring remodeled interior units, a new roof, windows, and drought-tolerant landscaping. The unit composition consists of four one-bedroom/one-bath units, one two bedroom/ two-bath unit, and two two-bedroom/one and
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Last updated Apr 18, 2024
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MLS# IV24054268 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
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Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
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Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/18/24
Apr 18, 2024
|
Price Changed | CRMLS_CA | $1,895,000 | -9.8% |
|
3/18/24
Mar 18, 2024
|
Listed / Active | CRMLS_CA | $2,100,000 | 75.0% (53.9% / YR) |
|
8/7/23
Aug 7, 2023
|
Price Changed | CRMLS_CA |