Corner Lot | Triplex in Wilmington
Probate Sale. Subject to Court Confirmation and Overbidding in Court.
Triplex with 3 x 2 bed 1 bath single story separate units with their own garages in Willmington.
For sale AFTER 36 years! All units are separately metered for both gas and electricity.
Strong future development opportunity located at the corner of McDonald Ave and Denni St.
Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place.
Property Description
Probate Sale. Subject to Court Confirmation and Overbidding in Court. Triplex with 3 x 2 bed 1 bath single story separate units with their own garages in Willmington. For sale AFTER 36 years! All units are separately metered for both gas and electricity. Strong future development opportunity located at the corner of McDonald Ave and Denni St. Easy access to freeways, shopping, schools, and water activities. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place. Do NOT disturb the occupants. Seller will not be responsible for any repairs, inspection reports, termite work, or mandatory government retrofit requirements prior to closing. Seller is a Court-Appointed Fiduciary and cannot make any representations as to the condition and history of the subject property. Buyer to conduct their own investigation.
Key Property Information
| Listing Status: | Sold |
|---|---|
| Sold Date: | 26-06-2026 |
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $690,000 |
| No. of Units: | 3 |
| Cap Rate: | 4.01% |
| GRM /GIM: | 15.77 |
| Average Occupancy: | 100 |
| Year Built: | 1953 |
| Building Size: | 2,136 Sq ft |
| Lot Size: | 0.15 Acres |
| No. of Stories: | 1 |
| APN: | 7415-026-015 |
| Zoning Code: | LAR1 |
| Opportunity Zone: | Yes |
| Price per unit: | $250,000 |
FINANCIAL DETAILS
| Income/expense info: | Actual |
|---|---|
| Financial year: | 2026 |
| Gross income: | 47562 |
| Effective Gross income: | 45184 |
| Operating expenses: | 15136 |
| Net operating income: | 30048 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Vineendra "Vinny" Jain | 3102072288 | [email protected] |
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