5
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$1,399,000
Est. payment /mo
0.27 Acres Lot
New
1144 Blinn Wilmington, CA 90744
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Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26001802
HOA Y/N No
Year Built 1923
Lot Size 0.269 Acres
Property Sub-Type Mixed Use
Property Description
1144 Blinn Avenue consists of two single-story, five-unit buildings and one two-story duplex that surround a large courtyard. This offering is a great value-add acquisition opportunity for any investor looking to capture major upside in a strong rental submarket where vacancy rates are consistently low; current rents are 41 percent below market. All 12 units are one-bed/one-bath floor plans separately metered for gas and electricity. The property also offers seven single-car garages accessed via a rear alley.
The property is located directly across from Wilmington Park Elementary School. Wilmington continues to be a desirable rental market for investors due to its proximity to the Ports of Los Angeles and Long Beach, major employment hubs, and convenient access to the 110 and 710 freeways. The area benefits from strong and consistent rental demand driven by port-related industries, logistics, healthcare, and ongoing neighborhood revitalization efforts. With limited housing supply and continued investment in the surrounding community, Wilmington remains well-positioned for long-term rental growth, making this property a solid addition to any multifamily portfolio.
1144 Blinn Avenue is offered as part of a Wilmington portfolio sale along with 1207 Bay View Avenue, a duplex, and 703 West L Street, a triplex. Properties available separately or together.
The property is located directly across from Wilmington Park Elementary School. Wilmington continues to be a desirable rental market for investors due to its proximity to the Ports of Los Angeles and Long Beach, major employment hubs, and convenient access to the 110 and 710 freeways. The area benefits from strong and consistent rental demand driven by port-related industries, logistics, healthcare, and ongoing neighborhood revitalization efforts. With limited housing supply and continued investment in the surrounding community, Wilmington remains well-positioned for long-term rental growth, making this property a solid addition to any multifamily portfolio.
1144 Blinn Avenue is offered as part of a Wilmington portfolio sale along with 1207 Bay View Avenue, a duplex, and 703 West L Street, a triplex. Properties available separately or together.
Location
State CA
County Los Angeles
Area 196 - East Wilmington
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Urban
Total Parking Spaces 7
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7425029003
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Steven Bogoyevac Steven M. Bogoyevac, Broker steve.bogoyevac@marcusmillichap.com
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