1028 Alton Street, Wilmington, California 90744, Wilmington, 90744 - 2 bed, 1 bath
ACTIVE$350,000
1028 Alton Street, Wilmington, California 90744
2Beds
1Bath
1,006Sqft
4,231Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Conveniently situated in Wilmington, close to schools, parks, shopping, and major freeways, offering excellent accessibility.
Top Cons:
Drastic Price Reduction: The substantial drop from $599,000 to $350,000 raises concerns about the property's condition, previous overpricing, or underlying issues that caused the initial deal to fall through.
Compared to the nearby listings
Price:$350.0K vs avg $690.8K ($-340,750)2%
Size:1,006 sqft vs avg 1,144.5 sqft33%
Price/sqft:$348 vs avg $5574%
More Insights
Built in 1929 (96 years old).
Condition: This 1929-built property clearly requires substantial repairs and rehabilitation. The listing description itself highlights 'potential and possibilities' and describes it as a 'canvas to create something truly special,' indicating it is far from move-in ready. The exterior images show significant deferred maintenance, including aged stucco, cracked concrete, and an unkempt yard. Crucially, the complete absence of interior photos for the kitchen, bathroom, and living areas strongly suggests these spaces are severely outdated and in poor condition, likely requiring full renovation. The drastic price reduction from $599,000 to $350,000 further underscores the property's poor condition and the significant investment needed from a buyer.
Year Built
1929
Close
-
List price
$350K
Original List price
$599K
Price/Sqft
$348
HOA
-
Days on market
-
Sold On
-
MLS number
DW25013172
Home ConditionPoor
Features
ViewNeighborhood
About this home
Welcome to this charming 2-bedroom, 1-bathroom single-family home offering potential and possibilities! Back on the market and ready for its next chapter, this property is ideal for families looking for a cozy place to call home or investors seeking a canvas to create something truly special. This home is situated in a prime location in Wilmington, close to schools, parks, shopping, and major freeways, making it a convenient and accessible choice. The spacious lot offers ample opportunity to expand, renovate, or personalize to suit your unique vision.
Nearby schools
4/10
Hawaiian Avenue Elementary School
Public,•K-5•0.1mi
3/10
George De La Torre Jr. Elementary School
Public,•K-5•0.5mi
6/10
Gulf Avenue Elementary School
Public,•K-5•0.7mi
4/10
Fries Avenue Elementary School
Public,•K-5•1.0mi
4/10
Normont Elementary School
Public,•K-5•1.6mi
9/10
Taper Avenue Elementary School
Public,•K-5•1.7mi
4/10
Wilmington Park Elementary School
Public,•K-5•1.7mi
4/10
Broad Avenue Elementary School
Public,•K-5•1.8mi
6/10
Harbor City Elementary School
Public,•K-5•2.0mi
2/10
Barton Hill Elementary School
Public,•K-6•2.2mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•2.4mi
5/10
Del Amo Elementary School
Public,•K-5•4.5mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•20.5mi
8/10
Harry Bridges Span
Public,•K-8•1.1mi
5/10
Wilmington Middle School
Public,•6-8•1.4mi
6/10
Alexander Fleming Middle School
Public,•6-8•2.4mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•2.5mi
4/10
Richard Henry Dana Middle School
Public,•6-8•3.4mi
4/10
Hudson K-8
Public,•K-8•3.5mi
5/10
Phineas Banning Senior High School
Public,•9-12•1.4mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•2.6mi
6/10
San Pedro Senior High School
Public,•9-12•3.5mi
3/10
Cabrillo High School
Public,•9-12•3.6mi
Price History
Date
Event
Price
09/22/17
Sold
$349,000
Condition Rating
Poor
This 1929-built property clearly requires substantial repairs and rehabilitation. The listing description itself highlights 'potential and possibilities' and describes it as a 'canvas to create something truly special,' indicating it is far from move-in ready. The exterior images show significant deferred maintenance, including aged stucco, cracked concrete, and an unkempt yard. Crucially, the complete absence of interior photos for the kitchen, bathroom, and living areas strongly suggests these spaces are severely outdated and in poor condition, likely requiring full renovation. The drastic price reduction from $599,000 to $350,000 further underscores the property's poor condition and the significant investment needed from a buyer.
Pros & Cons
Pros
Prime Location: Conveniently situated in Wilmington, close to schools, parks, shopping, and major freeways, offering excellent accessibility.
Significant Lot Size: The spacious 4,231 sqft lot provides ample opportunity for expansion, landscaping, or adding outdoor amenities.
Investment/Renovation Potential: Described as a 'canvas to create something truly special,' appealing to investors or buyers looking to customize and add value.
Attractive Price Point: The current list price of $350,000, a substantial reduction from the original $599,000, offers significant value potential.
Single-Family Home: As a detached single-family residence, it offers privacy and avoids HOA fees, which is a strong draw for many buyers.
Cons
Drastic Price Reduction: The substantial drop from $599,000 to $350,000 raises concerns about the property's condition, previous overpricing, or underlying issues that caused the initial deal to fall through.
Advanced Age & Condition: Built in 1929, the property is nearly a century old, suggesting potential for outdated systems, deferred maintenance, and significant renovation costs.
Limited Living Space: With only 2 bedrooms and 1 bathroom across 1,006 sqft, the home offers limited space, which may not suit larger families or those desiring more modern layouts.