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ALBERT LE Le Investment Group
This listing was posted on ALBERT LE Le Investment Group (via ListedBuy).
$1,895,000
823 Lagoon Ave, Wilmington, CA 90744 - MLS IV24054268
![](https://www.listedbuy.com/images/6235/823-lagoon-ave-wilmington-ca-90744-mls-iv24054268-us.jpg)
Price:
$1,895,000
BR/BA:
2 BR, 1 BA
Location:
823 Lagoon Ave, Wilmington, CA
Description:
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. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
For sale by:
Agent/Broker
Agent Name:
ALBERT LE Le Investment Group
Posted:
May 19 on ListedBuy
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More About this Listing: 823 Lagoon Ave, Wilmington, CA 90744 - MLS IV24054268
823 Lagoon Ave, Wilmington, CA 90744 - MLS IV24054268 is a Two Bedroom One Bath Multi-Family Real Estate for Sale at 823 Lagoon Ave in Wilmington CA. Find other listings like 823 Lagoon Ave, Wilmington, CA 90744 - MLS IV24054268 and listings near 823 Lagoon Ave by searching Oodle Classifieds for Two Bedroom One Bath Multi-Family Real Estate for Sale in Wilmington CA.
823 Lagoon Ave, Wilmington, CA 90744 - MLS IV24054268 is a Two Bedroom One Bath Multi-Family Real Estate for Sale at 823 Lagoon Ave in Wilmington CA. Find other listings like 823 Lagoon Ave, Wilmington, CA 90744 - MLS IV24054268 and listings near 823 Lagoon Ave by searching Oodle Classifieds for Two Bedroom One Bath Multi-Family Real Estate for Sale in Wilmington CA.