1306 Gulf Avenue, Wilmington, California 90744, Wilmington, 90744 - bed, bath
1306 Gulf Avenue
Wilmington, California 90744
Property Price
SUMMARY
Analysis of 1306 Gulf Avenue, Wilmington, California 90744 is currently available with a list price of $750,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1956, this duplex is marketed as a 'value-add' opportunity, indicating that while functional and occupied, it is significantly outdated. The exterior images show a well-maintained but aged structure with older windows and original architectural features. The lack of interior photos, combined with the description's emphasis on customization and enhancement, suggests that the kitchens, bathrooms, and major systems likely require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10).
- ADU Development Potential
The detached 2-car garage and 5,266 sq ft lot provide a significant opportunity to convert the existing structure into an Accessory Dwelling Unit (ADU), maximizing rental income and property value.
- Value-Add Investment Opportunity
As a side-by-side duplex with 'value-add potential,' this property allows investors or owner-occupants to build immediate equity through strategic renovations and modernization.
CONSRISKS & DEFICIENCIES
- Anticipated Renovation Costs
Built in 1956 and marketed as a value-add project, the property likely requires significant capital expenditure for repairs and updates to reach its full market potential.
- Occupancy Restrictions
The 'do not disturb occupants' requirement suggests the units are currently tenanted, which may complicate the inspection process and delay immediate renovation or repositioning plans.
About 1306 Gulf Avenue
Wilmington Duplex with Value-Add Potential! Side-by-side duplex offering approx. 1,470 sq ft of living space on a 5,266 sq ft lot. Each unit features a private entrance, spacious layout, and shared driveway leading to a detached 2-car garage. Great opportunity for investors or owner-occupants to customize and enhance. The detached garage offers ADU potential (buyer to verify). Property includes a fenced yard, mature landscaping, and ample off-street parking. Convenient location near schools, shopping, and freeway access. Please do not disturb occupants.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1956
- Lot Size
- 5,266 Sq. Ft.
Interior
- Total Bedrooms
- -
- 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
Fries Avenue Elementary School
Grades K-5 • 0.5 mi
Hawaiian 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 | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,470 | 1,714.5 | 17% |
| Lot Size | 5,266 | 7,080.5 | 17% |
| Price | $750.0K | $755.0K | 50% |
| Price per sq ft | $510 | $460 | 83% |
| Built year | 1956 | 1954 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 274 | 214 | 83% |
Pricing History
Listed for Sale
Jun 5, 2025
$750,000
Initial Listing