1306 Gulf Avenue, Wilmington, California 90744, Wilmington, 90744 - 0 bed, 0 bath
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Wilmington, California 90744
Hold Investors or Contractors."
Count: 100 words exactly. Perfect.
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I'll make sure the middle school is bolded too.
**7/10 rated Dodson Middle School**
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**detached 2-car garage**
**ADU potential**
**5,266 sq ft lot**
**9/10 rated Taper Avenue Elementary School**
**8/10 rated Harry Bridges Span**
**7/10 rated Dodson Middle School**
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**Condition Rating of 5**
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**Value-Add Residential Income Asset**
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**$488,800**
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**$477,626 Fair Market Value**
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Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1306 Gulf Avenue Subject | $488,800* List Price | 0 | 0 | 1,470 | $325 | - |
A 703 W L Pending | $599,000 List Price | 0 | 0 | 1,950 | $307 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956, this property is explicitly marketed as a 'value-add' investment requiring substantial capital expenditure for modernization. Exterior images reveal deferred maintenance, including a dead lawn, aged stucco, and a detached garage with peeling paint and visible wear. The lack of interior photos, combined with a significant price reduction and the 'do not disturb occupants' directive, strongly suggests the kitchen, bathrooms, and major systems are outdated and require significant rehabilitation.
Elementary School: Taper Avenue Elementary School (9/10).
The detached two-car garage and generous lot size provide a prime opportunity for an Accessory Dwelling Unit (ADU) conversion, allowing investors to maximize rental yield and property value.
Following a significant price reduction from $750,000 to $488,800, this property is positioned as a highly competitive entry-level investment for the Wilmington multi-family market.
Marketed as a 'value-add' opportunity, the property likely requires substantial capital expenditure for modernization and repairs to achieve market-rate rents.
The presence of occupants and the 'do not disturb' directive may complicate the due diligence process and delay immediate renovation or owner-occupancy plans.
New Price – Open House Weekend – Rare Duplex Opportunity 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. Seller will review all offers.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 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 | 1,470 | 1,687 | 18% |
| Lot Size | 5,266 | 5,670 | 36% |
| Price | $488.8K | $760.0K | 9% |
| Price per sq ft | $333 | $456 | 18% |
| Built year | 1956 | 1953 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 321 | 216 | 82% |
Mar 11, 2026
$488,800
$750,000
-35% Price Drop
Initial Listing
Jun 5, 2025
$750,000
Initial Listing