Wilmington (los Angeles), CA 90744,823 N Lagoon Avenue
Wilmington (los Angeles), CA 90744,823 N Lagoon Avenue,Video Tour
Wilmington (los Angeles), CA 90744,823 N Lagoon Avenue
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$1,795,000
Est. payment /mo
5,301 SqFt

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,301 sqft

Price per Sqft $338

MLS Listing ID CRSR24206788

HOA Y/N No

Year Built 1965

Lot Size 7,512 Sqft

Acres 0.17

Property Sub-Type Other

Property Description

We are proud to present The Sapphire Crest, a stunning 2-story, 7-unit multifamily investment property located at 823 Lagoon Ave. Wilmington, CA. This garden-style apartment building boasts curb appeal, totals ±5,301 building square feet on a ±7,512 square foot lot, and is zoned LARD1.5. The property was built in 1965 and tastefully renovated in 2023, including a remodel of all interior units, a new roof, windows, and drought-tolerant landscaping. In addition, all the electrical sub-panels are new and recently installed in May 2024. The unit mix is comprised of 4 one-bedroom/one-bath units, 1 two-bedroom/two-bath unit, and 2 two-bedroom/one and one half-bath townhome-style units. These well-appointed apartment units include wall A/C units, new flooring, kitchens, bathrooms, and plenty of cabinet and storage space. In addition, drawings have been completed for an ADU comprised of 1 two-bedroom/two-bath unit totaling +/- 760 square feet. The building construction is comprised of a wood frame and stucco exterior with brick accents, a flat roof, and a freshly painted exterior. The property is separately metered for gas & electricity. Building amenities include laundry room and garage parking for 7 cars on-site via 2 two-car garages and 3 one-car garages. This investment opportunity

Location

State CA

County Los Angeles

Zoning LARD

Interior

Fireplace No

Laundry Other

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7416025027

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Bridge MLS
Listed by Raymond Rodriguez • Equity Union

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823 N Lagoon Avenue