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$680000   Price Analysis
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1305 E O St
Wilmington, CA 90744
4 bed 2 bath 1523 SqFt ($446/SqFt)
5015SqFt lot. Built 1948
Listed 2023-05-29, Taxes $4134
Ⓧ 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 for storage which can be accessed at the rear from the alley.

The property is beside a small park, close to schools and major freways.


Presented by Jeff Cossio at
Grand Avenue Realty & Lending.
Listing Agent Photo

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

Garage Spaces: 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

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 2
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

YearAssessments
Building + Land
Total
Tax
2022$98186 + $231027
$329213
$4134
2021$96261 + $226498
$322759
$4078
2020$95274 + $224176
$319450
$4116
2019$93406 + $219781
$313187
$3960
2018$91575 + $215472
$307047
$3898
2017$89780 + $211248
$301028
$3814
2016$88020 + $207106
$295126
$3717
2015$86698 + $203996
$290694
$3665
2014$85000 + $200000
$285000
$3688
2013$92243 + $136268
$228511
$3012
2012$90435 + $133597
$224032
$3052
2010$88662 + $130978
$219640
$3209
2009$159999 + $157141
$317140
$4091
2009$95000 + $140000
$235000
$4091
2008$156862 + $154060
$310922
$3920
2007$153787 + $151040
$304827
$3708

Listed 2023-05-29
$680000
CRMLS
Sold 2013-09-13
$285000
Public Record
Listing removed 2013-08-10
$289900
CRMLS
Price Changed 2013-07-18
$289900
CRMLS
Listed 2013-07-06
$299000
CRMLS
Sold 2010-06-25
$218000
ITECH
Relisted 2010-05-04
$218999
SoCalMLS
Listing removed 2010-05-01
$230520
SoCalMLS
Listed 2010-03-25
$218999
ITECH
Listed 2010-03-25
$230520
SoCalMLS
Listing removed 2009-04-24
$299000
SoCalMLS
Listing removed 2009-04-04
$289900
SoCalMLS
Sold 2003-12-02
$280000
Public Record
Listed 2003-09-08
$289900
SoCalMLS
Listing removed 2003-09-06
$299000
ITECH
Listed 2003-08-12
$299000
ITECH
Listed 2003-08-12
$299000
SoCalMLS
Sold 1999-10-19
$11350000
Public Record
Listing removed 1999-09-08
$129900
ITECH
Listing removed 1999-08-10
$129900
ITECH
Listed 1999-07-26
$129900
ITECH
Listed 1999-07-26
$129900
ITECH
Sold 1993-09-09
$128000
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

Sewer: Sewer: Public Sewer, Water Sewer Expense: 3522.00
Water Source: Public

Wilmington Park Elementary School is a public elementary school located approximately 0.5 miles away.
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Phineas Banning Senior High School is a public high school located approximately 0.9 miles away.
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Wilmington Mid Sci Tech Engr Arts Math (STEAM) Magnet is a public middle school located approximately 1.5 miles away.
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Holy Family School is a private elementary and middle school located approximately 0.3 miles away.
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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.