Home | Los Angeles County | Wilmington | 90744 | 720 King
MLS: CRSB26048458 | Status: | Price: $1,000,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 11,218 | 1924 |
ADU Development Opportunity – 2plex + 3plex on Adjacent Lots ***Rare opportunity to acquire two properties on two side-by-side APNs with a combined lot size of 11,218 SF zoned LARD1.5, offering significant ADU expansion potential. The site configuration and zoning present the possibility to develop 7+ additional ADUs (buyer to verify with city), making this an attractive value-add and long-term unit expansion play. ***The property currently consists of total 5 units. 2 units are vacant, in rent-ready condition, allowing a buyer to lease at market rents while planning future development. Current rents are $1,424, $915, and $688, with additional income from on-site laundry. Investors benefit from existing cash flow while unlocking substantial upside through ADU development, a rare opportunity to significantly increase density and rental income on a large multifamily lot.
| Field | Value |
|---|---|
| MLS # | CRSB26048458 |
| MLS Source | California Regional MLS |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| HOA Fee | $0 |
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
License #: 01315042
Phone: (310) 606-2076
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 7 | 3 | – |
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This listing information is up-to-date as of May 13, 2026. For the most current information, please contact Olga Wright, (310) 606-2076.