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1046 N Banning Boulevard

Wilmington, CA 90744
  • $1,299,900
  • STATUS: Active
  • ON SITE: 182 Days
  • ID#: SB25131645
UPDATED: 135 min ago
$1,299,900
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Cesar Morales of Keller Williams Realty (310-519-1080)


Description

Excellent 4 UNIT Investment With GREAT INCOME!!! Perfect for first-time homeowner or Investor. The front building has TWO 2 BEDROOM/1BATH units and have been renovated. THE REAR building has TWO 2 BEDROOM/ 1BATH units and are new construction ADU's built in 2023. All Kitchens have custom white shaker cabinets with quartz counter tops and includes Refrigerator and Stove.The Laundry Rooms include Double stack Washer & Dryer. New shingle roofs. New PEX Plumbing New Tankless Water Heaters. New Electrical Panels. New Dual Payne Windows.Each unit has its own private patio. The Rear two units have new Solar panels paid in full.Low maintenance.Conveniently located to shopping, freeway access, schools, parks, etc. Don't Miss this opportunity.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/164820391
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1046 N Banning Boulevard Wilmington, CA 90744

  • Price: $1,299,900
  • Status: Active
  • On Site: 182 Days
  • Updated: 135 min ago
  • ID#: SB25131645
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1922
Built
Neighborhood:
195 - West Wilmington
County:
Los Angeles
Area:
195 - West Wilmington
Property Description
Excellent 4 UNIT Investment With GREAT INCOME!!! Perfect for first-time homeowner or Investor. The front building has TWO 2 BEDROOM/1BATH units and have been renovated. THE REAR building has TWO 2 BEDROOM/ 1BATH units and are new construction ADU's built in 2023. All Kitchens have custom white shaker cabinets with quartz counter tops and includes Refrigerator and Stove.The Laundry Rooms include Double stack Washer & Dryer. New shingle roofs. New PEX Plumbing New Tankless Water Heaters. New Electrical Panels. New Dual Payne Windows.Each unit has its own private patio. The Rear two units have new Solar panels paid in full.Low maintenance.Conveniently located to shopping, freeway access, schools, parks, etc. Don't Miss this opportunity.
Exterior Features

Construction Materials BlockDrywallConcreteStucco Direction Faces North Entry Level 1 Entry Location Front Exterior Features Rain Gutters Fencing MasonryWoodWrought Iron Foundation Details Raised Lot Features Yard Number Of Separate Electric Meters 4 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Alley PavedPaved Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features No StairsAccessible Doors Appliances Gas RangeRefrigeratorRange HoodTankless Water HeaterDryerWasher Common Walls 1 Common Wall Cooling None Cooling YN No Door Features Panel Doors Fireplace Features GasKitchen Fireplace YN Yes Flooring TileVinyl Heating Wall Furnace Heating YN Yes Interior Features Quartz CountersAll Bedrooms Down

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Contingency None Current Financing Conventional Disclosures Accessory Dwelling Unit Electric Standard Fuel Expense 0 Garage YN No Gross Income 116640 Gross Scheduled Income 116640 Insurance Expense 0 Land Lease YN No Laundry Features Gas Dryer HookupInsideStacked Lease Term Month To Month Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 ExchangeFHAVA Loan Net Operating Income 116640 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 0 Property Condition Updated/Remodeled Property Sub Type Quadruplex Rent Control YN Yes Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityTrash Collection Trash Expense 0 Utilities Cable AvailableElectricity AvailableNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public Zoning LARD6



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Cesar Morales of Keller Williams Realty (310-519-1080)