1262 N Lagoon, Wilmington, California 90744, Wilmington, 90744 - 4 bed, 3 bath
1262 N Lagoon
Wilmington, California 90744
Property Price
SUMMARY
Analysis of 1262 N Lagoon, Wilmington, California 90744 reveals a Fairly Priced Property with a current list price of $899,000 aligned with the estimated $874,205 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Wilmington Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1262 N Lagoon Subject | $899,000* List Price | 4 | 3 | 1,720 | $508 | - |
A 1566 N Neptune Sold | $750,000 | 3 | 2 | 1,501 | $500 | 0.5 mi |
B 910 Craven Street Sold | $650,000 | 4 | 2 | 1,328 | $489 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1932, the property has undergone a full and extensive renovation, as explicitly stated in the description and visually confirmed by the images. The listing highlights 'brand new plumbing, kitchen, cabinets, bathrooms, closets, and laminated wood flooring throughout.' The kitchen features modern white shaker cabinets, black marble-look countertops, new stainless steel appliances (stove, microwave), and recessed lighting. The bathrooms are equally updated with new vanities, modern black fixtures, and stylish white and grey marble-look tiling with black hexagonal accents. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, making it move-in ready and aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10).
- Extensive Modern Renovation
The property has undergone a full renovation, including brand new plumbing, kitchen, cabinets, bathrooms, closets, and laminated wood flooring, making it move-in ready for immediate occupancy.
- Increased Bedroom & Bathroom Count
Thoughtfully reconfigured from a 3-bedroom, 2-bath to a spacious 4-bedroom, 3-bath layout, significantly enhancing living space and functionality.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1720, other record living area = 1340. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Recently Sold Property
The property was recently sold within the past year on 2025-03-14. The sold price is $590,000.00. The property was recently sold within the past year on 2025-03-11. The sold price is $550,000.00.
- Age of Original Structure
Despite extensive renovations, the home was originally built in 1932, which may raise concerns about the underlying structural integrity or systems not explicitly mentioned as updated.
About 1262 N Lagoon
Beautifully updated home located in a quiet and prestigious area of Wilmington. This property has been fully renovated with brand new plumbing, kitchen, cabinets, bathrooms, closets, and laminated wood flooring throughout. Originally a 3 bedroom, 2 bath home, it has been thoughtfully reconfigured into a spacious 4 bedroom, 3 bath layout with a total gross living area of $1,720 square feet. The newly added fourth bedroom features a walk in closet and a private rear entrance, offering excellent potential for independent living or rental income. The open concept living room flows seamlessly into the upgraded kitchen, which includes a new stove, microwave, and a newly installed roof vent. This home is move in ready and designed for modern comfort and convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1932
- Lot Size
- 4,758 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Wilmington Unified Schools
Fries Avenue Elementary School
Grades K-5 • 0.1 mi
Gulf Avenue Elementary School
Grades K-5 • 0.3 mi
Broad Avenue Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 3.0 | 2.0 | 88% |
| Square foot | 1,720 | 1,144 | 88% |
| Lot Size | 4,758 | 5,099 | 28% |
| Price | $899.0K | $687.5K | 94% |
| Price per sq ft | $523 | $536 | 34% |
| Built year | 1932 | 1948 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 189 | 9% |
Pricing History
Listed for Sale
Dec 12, 2025
$899,000
Initial Listing
Sold
Mar 14, 2025
$590,000
Public Record
Sold
Mar 11, 2025
$550,000
Public Record