What does $1.58M buy an investor in Wilmington? 👀 How about 10 fully leased units producing $103,000 in NOI. This property has a mix of 6 studios and 4 one-bedroom units with: 💰 $1.58M asking price 📊 6.5% Cap Rate 📈 9.7 GRM 💵 $161K scheduled gross income 💵 $103K net operating income 🏢 10/10 units currently leased Plus, the property has updated plumbing, some electrical improvements and easy access to San Pedro, Long Beach and the 110 freeway. If you're looking to add a multifamily income property to your portfolio, this is one worth running the numbers on. 📲 Call or text Ray Miramontes at 562-600-9793 for the address, financials & full property details. Ray Miramontes | The Mira Group Circle Real Estate | DRE #01931740 #MultifamilyRealEstate #WilmingtonRealEstate #ApartmentBuilding #RealEstateInvesting #CashFlowProperty #IncomeProperty #LosAngelesInvesting #SoCalRealEstate