1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
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Status: SOLD

1407 E Colon St 
Wilmington, CA 90744

Sold Price

$890,000

Sold on May 19, 2022
Have a big family or looking for tenants to help pay for your mortgage or get a great investment? Check out this wonderful triplex in Wilmington that can do all 3. Each unit in this triplex has 2 bedrooms and 1 bath. The front building has top and bottom units and the third unit is a detached bungalow with a private front and rear yard. This triplex will be delivered with 2 units vacant - a rare find in todays market! The third unit will remain with tenants and is collecting $1,750 a month in rent. Triplex has been well maintained with many upgrades totaling almost $100,000 in renovations over recent years. The back and detached unit had complete electrical work done in 2019 and earthquake retrofitted in 2018. New plumbing was installed in the back unit in 2013 and the front units in 2017. The rear unit has all new flooring and drywall in the living room, bathroom and kitchen. The other units have been updated as well and all 3 units had new furnaces installed in 2015. The beautiful stucco and wrought iron fence and gate have been recently installed. The private front yard of the back bungalow has been cemented for easy maintenance this year. This triplex is a perfect opportunity for an investor looking for passive income or a buyer looking to live in one and rent out the others or a multi-family arrangement. Come and take a look today!
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Bedrooms
6
Baths
3
House Size
2,536 sqft
Year Built
1963
Lot Size
0.11 ac

Location

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Property Information

community
Sidewalks
sewer
Public Sewer
water source
Public
  • Listed By Sabrina Castrillon
  • sabrina1realtor@gmail.com
  • Century 21 Union Realty
  • (310) 371-6330
  • MLS SB22069745

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