$680,000 Price Analysis   ♡   Wilmington, CA 90744 4 bed 2 bath 1,523 SqFt ($446/SqFt) 5,015SqFt lot. Built 1948 Listed 2023-05-29, Taxes $4,134 | Ⓧ USDA Ineligible due to location near Los Angeles |
A duplex in the city of Wilmington is a fantastic investment property with tenants already in place with some upside.
Each units has two bedrooms and one bathroom, as well as its own laundry facilities. The property also features a detached garage for each tenant fr storage which can be accessed at the rear from the alley.
The property is beside a small park, close to schools and major freeways.
Presented by Jeff Cossio at
Grand Avenue Realty & Lending.
Property MLS #PW23093607 from CRMLS
Bedrooms: 4
All Bedrooms Down
Laundry Features: In Kitchen
Full Bathrooms: 2
Lot Description: Front Yard
Lot Size Acres: 0.1151286
Lot Size Source: Assessor
Lot Size Square Feet: 5015
Lot Size Acres: 0.1151286
Lot Size Source: Assessor
Lot Size Square Feet: 5015
Garage Spaces: 2
Parking Features: Parking YN: Yes, Parking Features: Garage, Garage Faces Rear
Parking Total: 2
Parking Features: Parking YN: Yes, Parking Features: Garage, Garage Faces Rear
Parking Total: 2
Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Calculated Total Monthly Association Fees: 0
Number of Units Leased: 2
Rent Control: Yes
Rent Control: Yes
Community Features: Curbs, Park, Sidewalks, Street Lights
Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.00
Source Property Type: Residential Income
Insurance Expense: 1610.00
Area: 196 - East Wilmington
Source Neighborhood: 196 - East Wilmington
New Taxes Expense: 8500.00
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 7426012021
Postal Code Plus 4: 2134
Zoning: LAR1
Source System Name: C2C
County: Los Angeles
Cap Rate: 4.00
Source Property Type: Residential Income
Insurance Expense: 1610.00
Area: 196 - East Wilmington
Source Neighborhood: 196 - East Wilmington
New Taxes Expense: 8500.00
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 7426012021
Postal Code Plus 4: 2134
Zoning: LAR1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $98,186 + $231,027 $329,213 | $4,134 |
| 2021 | $96,261 + $226,498 $322,759 | $4,078 |
| 2020 | $95,274 + $224,176 $319,450 | $4,116 |
| 2019 | $93,406 + $219,781 $313,187 | $3,960 |
| 2018 | $91,575 + $215,472 $307,047 | $3,898 |
| 2017 | $89,780 + $211,248 $301,028 | $3,814 |
| 2016 | $88,020 + $207,106 $295,126 | $3,717 |
| 2015 | $86,698 + $203,996 $290,694 | $3,665 |
| 2014 | $85,000 + $200,000 $285,000 | $3,688 |
| 2013 | $92,243 + $136,268 $228,511 | $3,012 |
| 2012 | $90,435 + $133,597 $224,032 | $3,052 |
| 2010 | $88,662 + $130,978 $219,640 | $3,209 |
| 2009 | $159,999 + $157,141 $317,140 | $4,091 |
| 2009 | $95,000 + $140,000 $235,000 | $4,091 |
| 2008 | $156,862 + $154,060 $310,922 | $3,920 |
| 2007 | $153,787 + $151,040 $304,827 | $3,708 |
Listed 2023-05-29
$680,000
CRMLS
Sold 2013-09-13
$285,000
Public Record
Listing removed 2013-08-10
$289,900
CRMLS
Price Changed 2013-07-18
$289,900
CRMLS
Listed 2013-07-06
$299,000
CRMLS
Sold 2010-06-25
$218,000
ITECH
Relisted 2010-05-04
$218,999
SoCalMLS
Listing removed 2010-05-01
$230,520
SoCalMLS
Listed 2010-03-25
$218,999
ITECH
Listed 2010-03-25
$230,520
SoCalMLS
Listing removed 2009-04-24
$299,000
SoCalMLS
Listing removed 2009-04-04
$289,900
SoCalMLS
Sold 2003-12-02
$280,000
Public Record
Listed 2003-09-08
$289,900
SoCalMLS
Listing removed 2003-09-06
$299,000
ITECH
Listed 2003-08-12
$299,000
ITECH
Listed 2003-08-12
$299,000
SoCalMLS
Sold 1999-10-19
$11,350,000
Public Record
Listing removed 1999-09-08
$129,900
ITECH
Listing removed 1999-08-10
$129,900
ITECH
Listed 1999-07-26
$129,900
ITECH
Listed 1999-07-26
$129,900
ITECH
Sold 1993-09-09
$128,000
Public Record
$680,000
CRMLS
Sold 2013-09-13
$285,000
Public Record
Listing removed 2013-08-10
$289,900
CRMLS
Price Changed 2013-07-18
$289,900
CRMLS
Listed 2013-07-06
$299,000
CRMLS
Sold 2010-06-25
$218,000
ITECH
Relisted 2010-05-04
$218,999
SoCalMLS
Listing removed 2010-05-01
$230,520
SoCalMLS
Listed 2010-03-25
$218,999
ITECH
Listed 2010-03-25
$230,520
SoCalMLS
Listing removed 2009-04-24
$299,000
SoCalMLS
Listing removed 2009-04-04
$289,900
SoCalMLS
Sold 2003-12-02
$280,000
Public Record
Listed 2003-09-08
$289,900
SoCalMLS
Listing removed 2003-09-06
$299,000
ITECH
Listed 2003-08-12
$299,000
ITECH
Listed 2003-08-12
$299,000
SoCalMLS
Sold 1999-10-19
$11,350,000
Public Record
Listing removed 1999-09-08
$129,900
ITECH
Listing removed 1999-08-10
$129,900
ITECH
Listed 1999-07-26
$129,900
ITECH
Listed 1999-07-26
$129,900
ITECH
Sold 1993-09-09
$128,000
Public Record
Net Operating Income: 30333.00
Total Square Feet Living: 1523
Year Built: 1948
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: steps
Property Age: 76
Property Attached: Yes
Roof: Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor
Year Built: 1948
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: steps
Property Age: 76
Property Attached: Yes
Roof: Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3522.00
Water Source: Public
Water Source: Public
Wilmington Park Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions
Map directionsPhineas Banning Senior High School is a public high school located approximately 0.9 miles away.
Map directions
Map directionsWilmington Mid Sci Tech Engr Arts Math (STEAM) Magnet is a public middle school located approximately 1.5 miles away.
Map directions
Map directionsHoly Family School is a private elementary and middle school located approximately 0.3 miles away.
Map directions
Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.