
Wilmington, California 90744
This property presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well below the $823,207 Fair Market Value by 2%. This valuation gap offers $24,207 in Instant Equity for buyers. Featuring Authentic Spanish Architecture and a three-car garage with 220V power, the home maintains a Condition Rating of 4, requiring cosmetic updates to modernize the kitchen and baths. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to personalize a unique, spacious architectural asset.
Property is moderate renovation needed.
Built in 1960, this home retains much of its original character but is significantly dated. The kitchen features blue tile countertops and older appliances likely exceeding 30 years in age, and the presence of a window AC unit suggests a lack of modern central HVAC. While functional and well-preserved, the property requires comprehensive cosmetic updates to the kitchen and bathrooms to meet modern standards.
Elementary School: Taper Avenue Elementary School (9/10).
The property boasts significant character with its Spanish-style roof, vaulted wood-beam ceilings, and a central courtyard that serves as a stunning focal point for indoor-outdoor living.
A rare three-car garage equipped with 220V power offers exceptional utility for car enthusiasts, hobbyists, or those requiring a professional-grade home workshop.
Despite the large square footage, the home only features two bedrooms, which may limit its appeal to larger families or buyers requiring dedicated home offices.
The property is marketed as an opportunity to update and personalize, suggesting that the interior finishes and systems likely require additional capital investment to meet modern standards.
A Spanish Villa where the goal is to preserve, not replace. From the moment you arrive, the Spanish-style roof, wrought iron fencing and distinctive architecture set the tone for this one-of-a-kind home offering 2,743 sq. ft. of living space. Step through the beautiful entry doors into a tiled foyer overlooking the central courtyard—an inviting outdoor space that becomes a focal point throughout the home. To the left, wood doors open to the formal dining room, where vaulted ceilings, exposed wood beams and graceful arches overlooking the courtyard showcase the character found throughout the property. Continue into the kitchen wing, complete with a butler's pantry adorned with Spanish tile, generous counter and storage space, and an informal breakfast area. A separate laundry room with exterior access adds convenience. Privately situated away from the center of the home is one of two spacious bedroom suites. This expansive retreat features a walk-in closet, private bath with a shower and tub combination, beautiful arched windows overlooking the courtyard, and access to a private outdoor area—an ideal setting for morning coffee. Just outside the windows, a fountain adds to the peaceful atmosphere. The opposite wing leads to the second bedroom suite, equally impressive in scale, with its own bathroom, built-in cabinetry, generous closet space and a brick fireplace that brings warmth and personality to the room. The thoughtful layout keeps the courtyard at the heart of the home, with views of the outdoor space from nearly every room. Step outside and discover a private backyard filled with mature fruit trees, established landscaping and plants that complement the home's Spanish character. Raised garden beds are ready for vegetables, herbs or your own garden plans. Situated on a 7,683 sq. ft. lot, the property also features a three-car garage equipped with 220V power—an added bonus for the car enthusiast, hobbyist or workshop. This is not a home where you need to start over. It's an opportunity to update, personalize and bring new life to a truly unique property while preserving the architectural details and character that make it so special.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 2.0 | 1.6 |
| Square foot | 2,743 | 1,215 |
| Lot Size | 7,685 | 6,023.95 |
| Price | $799.0K | $711.1K |
| Price per sq ft | $291 | $598 |
| Built year | 1960 | 1949 |
| HOA | $0 | $0 |
| Days on market | 18 | 51 |
Aug 22, 2026
$799,000
Initial Listing
Jan 25, 2016
$440,000
Public Record