
Wilmington, California 90744
This property presents a High-Potential Investment Opportunity with a List Price of $650,000—positioned well above the $597,968 Fair Market Value by -8%. While the price reflects a premium, the 5,026 sqft lot offers significant ADU & Expansion Potential for long-term value-add. With a Condition Rating of 4, the home requires modernization, yet provides a functional layout for Buy-and-Hold Investors or first-time buyers. Proximity to Taper Avenue Elementary (9/10) adds long-term stability to this versatile Single Family Residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1206 E Cruces Subject | $650,000* List Price | 3 | 1 | 1,200 | $498 | - |
A 507 E Proctor Sold | $760,000 | 3 | 2 | 1,674 | $454 | 0.5 mi |
B 1049 Sanford Sold | $700,000 | 3 | 2 | 1,350 | $519 | 0.6 mi |
C 1119 E Colon Sold | $530,000 | 2 | 1 | 836 | $634 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, this property is nearly a century old and is marketed as a 'value-add' opportunity with 'potential.' While the interior appears functional with some updates like vinyl windows and tile flooring, the overall aesthetic is dated, and the kitchen and major systems likely haven't seen a full renovation in over 20 years, necessitating modernization.
Elementary School: Taper Avenue Elementary School (9/10).
The oversized 5,026 sqft lot provides significant flexibility for future expansion or the addition of an Accessory Dwelling Unit (ADU), offering excellent value-add potential for investors and homeowners alike.
Featuring a gated entry and an expansive driveway, the property easily accommodates multiple vehicles, a highly sought-after convenience in the Wilmington area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1200, other record living area = 912. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With three bedrooms but only one bathroom, the property may face functional challenges for larger families and could see restricted resale demand compared to homes with multiple baths.
Originally constructed in 1925, the home likely requires updates to its aging systems and structural components to meet modern efficiency and safety standards.
Space, Parking, and Potential! All in One Property! Welcome to this inviting Wilmington home featuring a large lot, gated entry, and an expansive driveway that easily accommodates multiple vehicles. Inside, enjoy a bright and functional floor plan with spacious living areas, tile flooring, and a generously sized kitchen. The expansive backyard and detached structure offer flexibility for storage, a workshop, or potential ADU opportunities. Whether you're a first-time buyer, growing family, or investor seeking value-add potential, this property delivers the versatility and outdoor space that are increasingly hard to find. Conveniently located near major freeways, the Port of Los Angeles, shopping, schools, parks, and local amenities. A fantastic opportunity to own a property with room to grow and long-term potential in Wilmington.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 1,200 | 1,156.5 | 57% |
| Lot Size | 5,026 | 5,497 | 36% |
| Price | $650.0K | $708.5K | 29% |
| Price per sq ft | $542 | $604 | 43% |
| Built year | 1925 | 1950 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 122 | 11% |
Jun 3, 2026
$650,000
Initial Listing
Jan 31, 2012
$222,500
Public Record
Oct 6, 2011
$135,000
Public Record