10418 Wilmington, Los Angeles, California 90002, Los Angeles, 90002 - 7 bed, 4 bath
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10418 Wilmington
Los Angeles, California 90002
ACTIVE
CONDITION: EXCELLENT
7Beds
4Baths
3,000Sq Ft
5,505Lot Size
Property Price
LIST PRICE$999,900
EST. MARKET VALUE
$859,775
16% AboveMARKET VALUE
SUMMARY
This Quadruplex Residential Income property represents a High-Potential Investment Opportunity, listed at $999,900—positioned well above the $859,775 Fair Market Value by -16%. While the price reflects a premium, the asset features a Remodeled Condition Rating and a superior 6-space parking ratio, ensuring strong tenant appeal in a high-demand rental market. With all units currently occupied, this turnkey building provides immediate cash flow. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking stable, income-generating assets in Los Angeles.
Estimated Market Value
$859,775
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10418 Wilmington Subject 7 bd · 4 ba · 3,000 sqft · $287 | $999,900* List Price | 7 | 4 | 3,000 | $287 | - |
A 1143 E 106th Street Sold 8 bd · 5 ba · 3,753 sqft · $246 · 0.9 mi | $925,000 | 8 | 5 | 3,753 | $246 | 0.9 mi |
B 9543 Bandera Street Sold 0 bd · 0 ba · 3,847 sqft · $274 · 0.6 mi | $1,055,000 | 0 | 0 | 3,847 | $274 | 0.6 mi |
C 9614 Graham Ave Active 7 bd · 4 ba · 2,838 sqft · $300 · 0.6 mi | $850,000 List Price | 7 | 4 | 2,838 | $300 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1944, the property is described as 'beautifully remodeled' and the exterior shows modern vinyl windows, fresh stucco, and updated railings. This recent renovation status suggests the kitchens, baths, and systems have been updated within the last 5 years, meeting the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment
The property has been beautifully remodeled, significantly reducing the need for immediate capital expenditures and providing a modern aesthetic that appeals to quality tenants.
- Immediate Cash Flow
With all four units currently occupied, the asset provides immediate rental income from day one in a high-demand Los Angeles rental submarket.
- Superior Parking Ratio
The provision of six parking spaces for a four-unit building is a significant competitive advantage in a high-density area where off-street parking is at a premium.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally constructed in 1944, the property may possess aging underlying systems that could require more frequent maintenance compared to newer builds.
- Regulatory Rent Constraints
Being a multi-family property in Los Angeles, it is subject to strict local rent control ordinances, which may limit the ability to rapidly adjust rents to current market rates.
About 10418 Wilmington
A beautifully remodeled four-unit apartment building all occupied with tree 2bedroons/1buthroom, one -1bedroom/1buthroom and a 6 parking spaces! All in convenient high rental Los Angeles location close to LA downtown.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1944
- Lot Size
- 5,505 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.5 |
| Baths | 4.0 | 2.9 |
| Square foot | 3,000 | 2,090.331 |
| Lot Size | 5,505 | 5,852.908 |
| Price | $999.9K | $830.9K |
| Price per sq ft | $333 | $394 |
| Built year | 1944 | 1928 |
| HOA | $0 | $0 |
| Days on market | 23 | 87 |
Pricing History
Listed for Sale
Oct 22, 2026
$999,900
$9,999,000
-90% Price Drop
Initial Listing
Price Change
Oct 17, 2026
$9,999,000
Initial Listing
Sold
Feb 28, 2013
$350,003
Public Record