1236 N Wilmington, Wilmington, California 90744, Wilmington, 90744 - 0 bed, 0 bath
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1236 N Wilmington
Wilmington, California 90744
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
5,220Sq Ft
13,343Lot Size
Property Price
LIST PRICE$1,289,000
EST. MARKET VALUE
$1,236,185
4% AboveMARKET VALUE
SUMMARY
This Strong Value Opportunity is a fully renovated Mixed-Use Asset listed at $1,399,000, positioned well below the $1,316,558 Fair Market Value by -6%. Featuring an Excellent Condition Rating (2), this turnkey property includes a 13,343 SF lot zoned LAC1.5 with significant ADU development potential. With a 9.62 GRM and over 7% Cap Rate, the property provides immediate cash flow from commercial and residential units. This is an ideal acquisition for Buy-and-Hold Investors or Commercial Developers seeking to scale density and maximize long-term rental income.
Estimated Market Value
$1,236,185
Based on Realkey algorithm analyzing recent comparable sales in Wilmington.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1236 N Wilmington Subject | $1,289,000* List Price | 0 | 0 | 5,220 | $237 | - |
A 703 W Anaheim Active | $1,100,000 List Price | 0 | 0 | 5,572 | $197 | 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.
This property is a fully renovated turnkey mixed-use asset that meets the criteria for an extensive recent renovation. The residential units feature brand-new kitchens with modern shaker-style cabinetry, stainless steel appliances, and quartz countertops. The bathrooms have been completely updated with contemporary tile work, new vanities, and modern fixtures. Throughout the property, there is new flooring, recessed lighting, and updated electrical/mechanical components, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10).
- Significant Value-Add Potential
The expansive 13,343 SF lot zoned LAC1.5 provides a rare opportunity to add 3+ additional ADUs, allowing investors to substantially increase density and maximize long-term rental income.
- Diversified Mixed-Use Income
The property features a strategic blend of two commercial spaces and two residential units, offering a balanced and resilient revenue stream that mitigates risk across different sectors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5220, other record living area = 4450.
- Commercial Vacancy Risk
With one commercial unit currently vacant, the buyer faces immediate lease-up responsibility and the associated carrying costs until a suitable tenant is secured to reach full pro-forma potential.
- Vintage Infrastructure
Despite recent renovations, the original 1947 construction may present higher long-term maintenance demands for core structural and utility systems compared to a modern build.
About 1236 N Wilmington
SELLER REVIEWING OFFERS SEPT. 1st. BRING ALL OFFERS!! Fully renovated turnkey mixed-use asset with ADU development potential on a 13,343 SF lot zoned LAC1.5. Large rear yard and favorable layout support the potential to add 3+ ADUs (buyer to verify) — strong value-add opportunity to increase density and long-term income. Excellent Current financials: 8.87 GRM and OVER 7.9% Cap Rate!! ***Current unit mix: 4 total units — 3 commercial (Private Kitchen at $3,000/mo, Nutrition/Vitamin Shop at $3,500/mo & one Vacant 945 Sq.Ft.), 1 two-bedroom residential unit at $2,165, and 1 legal 1-bedroom ADU at $1,950. Provides in-place cash flow with immediate upside through lease-up of vacant commercial space and future ADU expansion. ***Location advantages: high-visibility corridor on Wilmington Blvd with strong street frontage, consistent local traffic, and demand for neighborhood-serving retail. Close proximity to the Port of Los Angeles, major industrial/employment hubs, and dense residential neighborhoods supports both commercial and residential tenancy. Easy access to major transportation routes increases tenant demand and long-term rent growth. Ideal for investors seeking stable mixed-use income with clear path to scale units and improve returns.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1947
- Lot Size
- 13,343 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Wilmington Unified Schools
Gulf Avenue Elementary School
Grades K-5 • 0.2 mi
6/10
Fries Avenue Elementary School
Grades K-5 • 0.5 mi
4/10
Hawaiian Avenue Elementary School
Grades K-5 • 0.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 5,220 | 6,480 |
| Lot Size | 13,343 | 8,485 |
| Price | $1.29M | $1.35M |
| Price per sq ft | $247 | $236 |
| Built year | 1947 | 1958 |
| HOA | $0 | $0 |
| Days on market | 168 | 98 |
Pricing History
Listed for Sale
Aug 5, 2026
$1,289,000
$1,299,000
-1% Price Drop
Initial Listing
Price Change
Jul 15, 2026
$1,299,000
$1,399,000
-7% Price Drop
Initial Listing
Price Change
Jun 17, 2026
$1,399,000
$1,499,000
-7% Price Drop
Initial Listing
Price Change
Mar 25, 2026
$1,499,000
Initial Listing
Sold
Mar 18, 2022
$650,000
Public Record