9715 Wilmington Ave, Los Angeles, CA 90002
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9715 Wilmington Ave Los Angeles, CA 90002

$908,000
  • 8 Beds
  • 4 Baths
  • 3,040 Sq.Ft.
For Sale
$908,000 Get Pre-Qualified

Map preview of 9715 Wilmington Ave, Los Angeles, CA 90002

Property Overview: 9715 Wilmington Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,040 living square feet and 3,686 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great investment opportunity duplex in the Los Angeles. The feature is a 2-story building over 3,040 sqft built 2006. Downstair units and upstair unit has 4b2b. both units are occupied by long-term tenants, stable income stream in housing section 8. Just minutes to LA Downtown, shopping centers, transportation, freeway and Metro. Tenants are responsible for all utilities except for water and trash.

Listed by MY HOANG TRINH | BRE #01993760 | HDD Realty Inc.
Last checked: 2 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
3,686
HOA Dues
$0/mo
Year built
2006
Garage
--
Property Type:
Duplex
Status
Active
MLS#
WS24161659
City
Los Angeles
County
Los Angeles
Time on Site
44 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $29,400
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $31,200
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,600
  • Net Operating Income: $59,100
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,500
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 9715 Wilmington Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Other
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6048038029
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 110 S, exit Century Blvd Eastbound, Turn left on Wilmington
Neighborhood Information
  • Community Features: Park, Sidewalks
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Sale History for 9715 Wilmington Ave

Last sold for $500,000 on November 3rd, 2015
  • August, 2024

  • Aug 6, 2024

    Date

    Active

    CRMLS: WS24161659

    $925,000

    Price

  • October, 2022

  • Oct 1, 2022

    Date

    Expired

    CRMLS: WS22055891

    $890,000

    Price

  • Mar 21, 2022

    Date

    Active

    CRMLS: WS22055891

    $890,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity in the Los Angeles, Live in one and rent the other unit to supplement your mortgage. Driveway rear parking in secured gate. The duplex is a 2-story building over 3040 sqft built in 2006. Both units have hardwood floor, granite countertop, recessed lights. Each unit has 4beds 2 baths. All offers are subject to interior inspection. Unit#1 Tenant occupied from 2018 $2450/month, Unit#2 tenant occupied from 2019 $2600/month. Both are under Section 8 housing.All payments are in current. Attached supplement of Housing Authority of the City of Los Angeles indicates higher rental possibility of $3519/month for 4 bedrooms.

  • November, 2015

  • Nov 3, 2015

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

  • February, 2014

  • Feb 11, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 9715 Wilmington Ave

Assessed Value (2020): $541,214
Year Land Value Improved Value Assessed Value
2020 $184,013 $357,201 $541,214

Home Value Compared to the Market

This property vs the competition

9715 Wilmington Ave is listed 24.33% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $298.68 per/sqft which puts the price per square foot 61.11% lower than the median price per square foot for the city of Los Angeles.

About 9715 Wilmington Ave

Detailed summary of property

9715 Wilmington Ave is a duplex located in Los Angeles, CA 90002 and is currently for sale. This duplex offers 8 bedrooms, 4 bathrooms, roughly 3,040 living square feet, and sits on an approximately 3,686 square foot lot. 9715 Wilmington Ave was first listed on ArdentRealEstateGroup.com on August 6, 2024. The homeowner is currently asking $908,000 and was originally asking $925,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 24.33% lower than the median priced home. Local competing homes currently for sale include 1615 87th Place, 1158 E 88th Pl and 8034 Crockett Blvd. While the average home in Los Angeles, CA is selling in 106 days, 9715 Wilmington Ave has a days on market of 19 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 9715 Wilmington Ave Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 9715 Wilmington Ave

Public county record property details
Beds
8
Baths
4
Year built
2006
Sq. Ft.
3,040
Lot Size
3,686
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
341
APN
6048-038-029

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$580,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
43
Median Sale to List Price %
103.45%
Avg Days on Market
13
Loan Type
Conventional (50%), FHA (40%), VA (0%), Cash (10%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.