$995,000

1041 Gulf Avenue, Wilmington (los Angeles), CA 90744

  • 3 beds
  • 2,752 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $362/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

This upgraded and well-maintained four-unit property is a terrific opportunity for both investors and owner-occupants seeking a clean, income-generating asset in a prime Los Angeles rental corridor. With thoughtful improvements and efficient utility setups, this property is designed to deliver strong returns and long-term value. Each unit is individually metered for gas and electricity, with tenants responsible for their own hot water and trash servicekeeping operating costs low and margins high. Additional RUBS income is collected from two tenants for common area utilities, adding to the property's revenue stream. Recent upgrades include newer fencing along the north side, replaced rear gates, and updated windows. The front one-bedroom, one-bath unit has been fully renovated with a brand-new kitchen and bathroom, offering modern appeal and turnkey readiness. Select units feature washer/dryer hookups, enhancing tenant convenience and rental desirability. The grounds are well-kept, with a manicured lawn that adds curb appeal and pride of ownership. One unit is currently vacant, making this an ideal scenario for an owner-user to occupy the property and potentially qualify for favorable residential financing. This flexibility adds significant value for buyers looking to offset housi

Listing Status:
Active
Date Added:
October 22, 2025 at 05:00AM
Listing Office:
Keller Williams Realty : 310-375-3511
Listing Agent:
Joshua Cohen : 310-480-2130
MLS ID:
CL25609413
  • Heating: Forced Air
  • Parking: OtherUncovered Parking Space
  • County: Los Angeles
  • Zoning: LARD7415029021

This listing courtesy of Joshua Cohen, Keller Williams Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

G

Gulf Avenue Elementary

828 W L St, Wilmington, CA, 90744

Grades KG-5

0.18 miles away

H

Harry Bridges Span School

1235 Broad Ave, Wilmington, CA, 90744

Grades KG-8

0.72 miles away

D

Dr. Richard A. Vladovic Harbor Teacher Preparation Academy

1111 Figueroa Pl, Wilmington, CA, 90744

Grades 9-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby