1207 Bay View, Wilmington, California 90744, Wilmington, 90744 - 0 bed, 0 bath
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Wilmington, California 90744
This Value-Add Residential Income Asset is listed at $689,000, offering a stable entry point aligned with its $663,400 Fair Market Value. Comprising two detached 2-bed/1-bath homes on a single lot, the property carries a Condition Rating of 5, signaling a need for modernization to unlock significant rental upside. Its location near the Ports of LA and the 9/10 rated Taper Avenue Elementary School ensures consistent tenant demand. This high-potential project is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking forced appreciation through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1207 Bay View Subject | $689,000* List Price | 0 | 0 | 1,633 | $406 | - |
A 1011 N Wilmington Boulevard Sold | $807,000 | 0 | 0 | 1,742 | $463 | 0.4 mi |
B 1304 N Fries Sold | $780,000 | 0 | 0 | 1,676 | $465 | 0.3 mi |
C 1306 Gulf Avenue Active Under Contract | $488,800 List Price | 0 | 0 | 1,470 | $333 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1914, this property is over a century old. The MLS description explicitly notes its 'Advanced Age' and 'Unspecified Renovation Status,' suggesting the units are in original or very dated condition and will require 'significant capital expenditures for deferred maintenance, system upgrades, or modernization.' The exterior images show older stucco, windows, and exposed electrical conduit, consistent with a property that has not seen substantial updates in many decades. While currently rented, the 'below-market rates' and 'value-add opportunity' indicate the property is in a condition that necessitates significant rehabilitation to meet modern standards and maximize rental income.
Elementary School: Taper Avenue Elementary School (9/10).
Both units are currently rented at less than half of market rates, presenting an excellent opportunity for immediate income growth through rent adjustments.
Located in Wilmington, the property benefits from proximity to major employment hubs (Ports of LA/Long Beach) and convenient freeway access, driving consistent rental demand.
Built in 1914, the property is over a century old, which may necessitate significant capital expenditures for deferred maintenance, system upgrades, or modernization.
While an opportunity, the immediate cash flow is suppressed, requiring active management and potential tenant turnover to realize the full income potential.
The description does not highlight any recent renovations or upgrades, suggesting the units may be in original or dated condition, potentially requiring further investment to attract top-market rents.
This asset consists of two two-bed/one-bath single-family homes on one lot that also offers surface parking. The homes average over 800 square feet and offer tenants the feeling of single-family home living without single-family home pricing, driving rental demand. Both units are currently rented at less than half of market rates, making this offering an excellent value-add opportunity. Wilmington continues to be a desirable rental market due to its proximity to the Ports of Los Angeles and Long Beach, major employment hubs, and convenient access to the 110 and 710 freeways. The area benefits from strong and consistent rental demand driven by port-related industries, logistics, healthcare, and ongoing neighborhood revitalization efforts. With limited housing supply and continued investment in the surrounding community, Wilmington remains well-positioned for long-term rental growth, making this property a solid addition to any residential income portfolio. 1207 Bay View Avenue is offered as part of a Wilmington portfolio sale along with 1144 Blinn Avenue, a 12-unit apartment complex, and 703 West L Street, a triplex. Properties available separately or together.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,633 | 1,687 | 36% |
| Lot Size | 6,649 | 6,209 | 55% |
| Price | $689.0K | $760.0K | 27% |
| Price per sq ft | $422 | $456 | 45% |
| Built year | 1914 | 1947 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 203 | 27% |
Jan 5, 2026
$689,000
Initial Listing