CA > Wilmington
Wilmington, CA 90744,823 N Lagoon AVE
Wilmington, CA 90744,823 N Lagoon AVE
Wilmington, CA 90744,823 N Lagoon AVE
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Raymond Rodriguez • Equity Union
$1,695,000
Est. payment /mo
7,512 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR24206788

Year Built 1965

Lot Size 7,512 Sqft

Source California Regional MLS

Property Description

We are proud to present The Sapphire Crest, a stunning 2-story, 7-unit multifamily investment property located at 823 Lagoon Ave. Wilmington, CA. This garden-style apartment building boasts curb appeal, totals ±5,301 building square feet on a ±7,512 square foot lot, and is zoned LARD1.5. The property was built in 1965 and tastefully renovated in 2023, including a remodel of all interior units, a new roof, windows, and drought-tolerant landscaping. In addition, all the electrical sub-panels are new and recently installed in May 2024. The unit mix is comprised of 4 one-bedroom/one-bath units, 1 two-bedroom/two-bath unit, and 2 two-bedroom/one and one half-bath townhome-style units. These well-appointed apartment units include wall A/C units, new flooring, kitchens, bathrooms, and plenty of cabinet and storage space. In addition, drawings have been completed for an ADU comprised of 1 two-bedroom/two-bath unit totaling ±760 square feet. The building construction is comprised of a wood frame and stucco exterior with brick accents, a flat roof, and a freshly painted exterior. The property is separately metered for gas & electricity. Building amenities include laundry room and garage parking for 7 cars on-site via 2 two-car garages and 3 one-car garages. This investment opportunit

Location

State CA

County Los Angeles

Area 195 - West Wilmington

Interior

Laundry Laundry Area

Exterior

Parking Features Garage

Garage Spaces 7.0

Pool None

Building

Water District - Public

Others

Tax ID 7416025027

Special Listing Condition Not Applicable

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agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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