The Mogharebi Group is pleased to present the opportunity to acquire a 16-unit apartment community located at 720 North Wilmington Boulevard in the City of Wilmington, California. Situated on a 13,398 square foot lot, the property consists of two two-story residential buildings totaling approximately 10,488 square feet and features an attractive unit mix of sixteen two-bedroom, one-bathroom apartments. The property offers investors the opportunity to acquire a well-located workforce housing asset in one of Los Angeles County's strongest rental markets. All units are individually metered for gas and electricity, significantly reducing owner operating expenses, while tenants benefit from convenient on-site parking and landscaped courtyard areas. Every apartment is a desirable two-bedroom floor plan featuring vinyl flooring and carpet in the living areas, Formica countertops, gas wall heating, range/oven, refrigerator, hood fan, and garbage disposal. The property includes sixteen surface parking spaces, central gas water heating, and attractive landscaped common areas. Located just minutes from the Port of Los Angeles, Interstate 110, SR-47, and numerous major employment centers throughout the South Bay and Harbor region, the property benefits from consistent tenant demand driven by port-related employment, logistics, manufacturing, healthcare, and transportation industries. The central location also provides convenient access to Downtown Long Beach, San Pedro, Carson, and Torrance. l. Investment Highlights o 16 spacious two-bedroom, one-bathroom apartment homes o Two-story apartment community on approximately 13,398 SF lot o Approximately 10,488 rentable square feet o RUBS in place o Individually metered for gas and electricity o Sixteen on-site surface parking spaces o Landscaped courtyard setting o Strong workforce housing location serving the Port of Los Angeles and South Bay employment centers o Opportunity to increase income through unit upgrades and professional management o Excellent long-term hold in a high-demand Los Angeles County rental market

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Property Details of 724 N Wilmington

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Listed by Mike Marcu of Mike Marcu,Broker (949 688 1224)

Based on information submitted to CRMLS as of August 25, 2026 5:50 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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