1666 N Avalon Blvd., Wilmington

Price to be Determined by Market

1666 N Avalon Blvd., Wilmington
  • UNITS:  43
  • UNIT MIX:  (4) 1 Bed / 1 Bath, and (39) Studios
  • YEAR BUILT: 1984
  • CAP RATE: TBD
  • GRM: TBD
  • BUILDING SF: 26,390
  • LAND SF: 22,040

DESCRIPTION

> Built in 1984
> Not Subject to RSO
> (4) 1 Bed / 1 Bath, and (39) Studios
> Security Gated Ample Parking Lot with Covered and Open Parking Spaces
> On-Site Laundry Facilities
> Located in the Harbor District of Wilmington near the Port of Long Beach

Built in 1984, this three-story, gated 43-unit multifamily community in Wilmington, CA sits on 22,040 SF of land, and is close to Freeways, Jobs and the Long Beach Harbor / Port. Because of the building’s newer age, the property is not subject to Los Angeles’ Rent Stabilization Ordinance (RSO), allowing for the standard 5% + CPI bumps in rent per year. The unit mix consists of: (4) 1 Bed / 1 Bath (650+/- Sq. Ft.) & (39) Studios (605+/- Sq. Ft.), with access to a large security gated parking lot consisting of ample covered, and open parking.



LISTING BROKER(s)

Pat Swanson
Executive Vice President

MOBILE: 213.864.2862
EMAIL: pat.swanson@colliers.com
DIRECT: 949.724.5564
LICENSE #: 01382974