$999,000
519 Broad Avenue, Wilmington CA 90744
Multi-Family (5 Units)
Property type
1 day
On market
$194
Price per sqft
0 cars
Garage
1978
Year built
8,599 sqft
Lot size
Home highlights
Open Houses
Overview
are opportunity to acquire a 5-unit income property in the heart of Wilmington. Unlike traditional apartment buildings, all five units are individual and separate structures, offering added privacy, reduced shared-wall concerns, and strong tenant appeal. All with separate gas and electric meters for each unit, providing efficient expense management and strong rental appeal....
Listing provided by: Vickie McShane DRE #01293999 310-514-0118, Coastal Financial & Realty, Inc
Listing updated: Jun 11, 2026 at 05:52pm.
Last checked: Jun 11, 2026 at 06:30pm
Source: CRMLS #SB26125323
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,638 | $1,638 | $0 | Unfurnished |
| 1 | 1 | 1 | — | $1,274 | $1,274 | $0 | Unfurnished |
| 1 | 2 | 2 | — | $1,040 | $1,040 | $0 | Unfurnished |
| 1 | 2 | 1 | — | $885 | $885 | $0 | Unfurnished |
| 1 | 1 | 1 | — | $1,404 | $1,404 | $0 | Unfurnished |
# of Buildings: 0
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 0
Ranges: 5
Refrigerator: 5
Rent Control: Yes
Units Leased: 5
Total Actual Rent: $6,241
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.3x
List Price / Annual Gross Rent
Cap Rate
4.69%
NOI / List Price
Gross Scheduled Income: $74,892
Operating Expense: $28,031
Net Operating Income: $46,861
Annual Operating Expenses
Insurance: $2,000
Professional Management: $750
Trash: $200
Water / Sewer: $2,000
Interior
Interior Features: Tile Counters, All Bedrooms Down
Room Type: Bedroom
Flooring: Laminate, Vinyl
Heating: Wall Furnace
Appliances: Gas Oven, Gas Range, Refrigerator
Fireplace: None
Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Entry Location: Gate
Exterior
Architectural Style: Bungalow
Property Attached: No
Stories Total: 1
Levels: One
Foundation: Raised
Window Features: Screens
Construction Materials: Stucco
Property Condition: Repairs Cosmetic
Common Walls: No Common Walls
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Fencing: Wrought Iron
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View: Neighborhood
Road Frontage Type: Alley, City Street
Road Surface Type: Alley Paved, Paved
Garage and Parking
Parking: Assigned
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7416006012
Tax Lot: 10
Zoning: LAC2
Tax Block: 13
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Storm Drains, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 519 Broad Avenue, Wilmington, CA 90744. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$799,200
Total Interest
$1,019,336
Total Payment
$1,818,536
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,242
per month
Property History for 519 Broad Avenue
Wilmington Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90744.
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