923 W G Street Unit 8, Wilmington, CA 90744

$915,000

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Sold Price
$915,000
List Price
$1,300,000
Closing Date
Feb 18, 2026
Status
CLOSED
MLS#
CV25135361
Year Built
1958
Lot Size
7,165
Acres
0.16
Lot Location
Corner Lot, Front Yard
Days on Market
153
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Exceptional 8-Unit Investment Opportunity in Wilmington! First time on the market in over 40 years, this well-maintained 8-unit multifamily property offers an incredible opportunity for investors seeking stability and long-term value. Situated on a prime corner lot, this asset features (6) 1-bedroom/1-bath units and (2) 2-bedroom/1-bath units, each separately metered for gas and electricity — an important feature for minimizing owner expenses. Pride of ownership is evident throughout. The property boasts a new roof, newer dual-pane windows installed on most units, and a fresh exterior paint job, enhancing both curb appeal and longevity. The long-term tenants have taken great care of their homes, reflecting the property’s strong community feel and consistent upkeep. Residents enjoy ample on-site parking with eight designated spaces in addition to street parking. All 9A compliance items have been completed, offering peace of mind for the next owner. This is a rare chance to acquire a turnkey investment in a thriving rental market, where opportunities like this seldom become available. Whether you’re expanding your portfolio or entering the multifamily space, this Wilmington gem is one you won’t want to miss.

Additional Information

Pool Description
None
View
Neighborhood
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$93,576
Operating Expense
6488

Listing courtesy of Listing Agent: Yolanda Andrade (yolieandrade@gmail.com) from Listing Office: Cornerstone Realty Group.

Listing sold by Gabriela Aspiazu from Homequest Real Estate

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.