NEW PRICE! We are pleased to offer for sale this 27 Unit SRO (single room occupancy) building centrally located in Wilmington with easy access to the Port of LA & Long Beach and Downtown San Pedro. The SRO consists of eight Studio apartments on the first floor (with own bathroom and kitchen) and 18 rooms + manager's unit on the second floor with 2 community baths. About 25% upside in rents! SRO sits on approximately 4,500 sqft lot, with abutting parcel on 818 Sanford Ave totaling about 9,000 sqft of land. Adjoining parcel of 9,000 sqft being used as parking lot for SRO building (RARE TO HAVE PARKING FOR SRO BUILDINGS!!!). Lots of potential with the land parcel behind. Buyer to do own investigation with city of LA with regards to zoning. Please contact listing agent for more details. Please do not disturb or speak with tenants under any circumstances.
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