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1001 W G Street, Wilmington, CA 90744

Wilmington
Local realty services provided by:CENTURY 21 Synergia Realty
1001 W G Street,Wilmington, CA 90744
$2,050,000
  • 22 Beds
  • 12 Baths
  • 8,182 sq. ft.
  • Multi-family
  • Active
Listed by: joshua cohen
Office: keller williams realty
MLS#:26646247
Source:CRMLS

Price summary

  • Price:$2,050,000
  • Price per sq. ft.:$250.55

About this home

Price just reduced $145,000! We are pleased to present our latest investment opportunity: 1001 & 1005 West G Street. Located in the heart of Wilmington, this twelve unit property offers an attractive unit mix of ten spacious two bedroom units and two well proportioned one bedroom units. As an investment, this is a genuine value add opportunity. The units are clean,functional, and currently rented at solid levels, yet they lack the contemporary finishes that drive premium rents in the area. This creates a compelling 53% rental upside for a new owner to capture through strategic improvements, organic unit turns, targeted rent increases, or even potential cash for keys agreements. The property has benefited from years of professional, detail oriented management, with a strong emphasis on long term building health. Several major capital improvements have already been completed, significantly reducing near term maintenance exposure: The entire electrical infrastructure has been modernized...

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Home facts

  • Year built:1958
  • Listing ID #:26646247
  • Added:53 day(s) ago
  • Updated:March 28, 2026 at 10:34 AM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:12
  • Living area:8,182 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1958
  • Building area:8,182 sq. ft.
  • Lot area:0.21 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,050,000
  • Price per sq. ft.:$250.55

Parking

  • Total parking spaces:12
  • Parking description:Controlled Entrance
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