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Off market
  • $979,300

    10372 Wilmington Ave, Los Angeles, CA 90002

    6beds
    3baths
    3,802sqft
    MultiFamily
    Built in 1957
    -- sqft lot
    $979,300 Zestimate®
    $258/sqft
    $3,105 Estimated rent

    Home value

    $979,300

    $901,000 - $1.06M

    $3,105/mo

    Zestimate® history
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    $6,260/mo

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    $6,260/mo

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    What's special

    KW Commercial is pleased to present, on an exclusive basis, this investment opportunity to build a 6 unit apartment building in the Watts neighborhood of Los Angeles. Located a mile north of the Watts Towers, 10372- 10374 ¾ S Wilmington Ave Los Angeles Ca is also in an Opportunity Zone. This investment opportunity is located in the emerging South Los Angeles submarket. Land prices in the South LA Submarket are attractive with generous density bonuses, transit incentives and opportunities to develop affordable and mixed income workforce housing for the residents of the Los Angeles Area. South LA and South East LA were recently rezoned by the City Planning and Land use commission to drive density and create transit oriented development standards. South LA is an area with tremendous opportunity for growth. This is an opportunity to purchase a stabilized apartment building, in an opportunity zone in South Los Angeles. Great investment opportunity to purchase 6 units of multifamily property, located in a Qualified Opportunity Zone.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Heating
    • Wall, Electric, Gas
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: Gas Dryer Hookup, Inside
    Features
    • Formica Counters, Recessed Lighting, Pantry, Furnished
    • Flooring: Tile, Laminate, Linoleum / Vinyl
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Furnished: Yes
    • Common walls with other units/homes: 2+ common walls
    Interior area
    • Total interior livable area: 3,802 sqft

    Property

    Parking
    • Total spaces: 6
    Features
    • Levels: Two
    • Fencing: Wrought Iron
    Lot
    • Size: 6,503 Square Feet
    • Features: Near Public Transit, 16-20 Units/Acre
    Details
    • Parcel number: 6066001011
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    Condition
    • Updated/Remodeled
    • Year built: 1957

    Utilities & green energy

    • Electric: 220 Volts in Kitchen
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Connected, Sewer Connected, Electricity Connected, Natural Gas Connected

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $258/sqft
    • Tax assessed value: $865,943
    • Annual tax amount: $11,832

    Price history

    DateEventPrice
    12/15/2020Sold$800,000-11%$210/sqft
    Source: Public Record Report a problem
    6/23/2020Listing removed$899,000$236/sqft
    Source: Keller Williams Pacific Estate #PW20059813 Report a problem
    5/28/2020Listed for sale$899,000-5.4%$236/sqft
    Source: Keller Williams Pacific Estate #PW20059813 Report a problem
    4/25/2020Listing removed$950,000$250/sqft
    Source: Keller Williams Pacific Estate #PW20059813 Report a problem
    3/26/2020Listed for sale$950,000+52%$250/sqft
    Source: Keller Williams Pacific Estate #PW20059813 Report a problem
    4/25/2019Sold$625,000$164/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,832 +1.5%$865,943 +2%
    2024$11,655 +1.8%$848,965 +2%
    2023$11,444 +4.5%$832,320 +2%
    2022$10,956 +1.3%$816,000 +2%
    2021$10,810 +19.3%$800,000 +25.5%
    2020$9,065 $637,500 +971.3%
    2019$9,065 +361.8%$59,507 +2%
    2018$1,963 $58,341 +2%
    2017$1,963 +4.2%$57,198 +2%
    2016$1,885 +4.7%$56,078 +1.5%
    2015$1,800 $55,236
    Find assessor info on the county website

    Neighborhood: Watts

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $979,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $979,300