1319 E Colon Street, Wilmington, California 90744, Wilmington, 90744 - 4 bed, 2 bath
ACTIVE$625,000
1319 E Colon Street, Wilmington, California 90744
4Beds
2Baths
1,628Sqft
4,737Lot
Year Built
1965
Close
-
List price
$625K
Original List price
$650K
Price/Sqft
$384
HOA
-
Days on market
-
Sold On
-
MLS number
IG25101372
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $625.0K(25th), sqft - 1628(25th), beds - 4(92th), baths - 2(92th).
Perfect for families that want to buy together to help each other with house payment with this duplex . Home features 2 bedroom 1 bath each unit, newer windows solar panels, freshly painted. Centrally located to shopping center schools and freeways.Pictures coming soon. Buyer to take property with tenants
Nearby schools
4/10
Wilmington Park Elementary School
Public,•K-5•0.4mi
4/10
Broad Avenue Elementary School
Public,•K-5•1.1mi
4/10
Fries Avenue Elementary School
Public,•K-5•1.1mi
6/10
Gulf Avenue Elementary School
Public,•K-5•1.5mi
3/10
George De La Torre Jr. Elementary School
Public,•K-5•1.6mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•2.0mi
4/10
Normont Elementary School
Public,•K-5•2.6mi
5/10
Del Amo Elementary School
Public,•K-5•3.0mi
6/10
Harbor City Elementary School
Public,•K-5•3.2mi
9/10
Taper Avenue Elementary School
Public,•K-5•3.6mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•3.9mi
2/10
Barton Hill Elementary School
Public,•K-6•3.9mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•19.6mi
8/10
Harry Bridges Span
Public,•K-8•0.9mi
5/10
Wilmington Middle School
Public,•6-8•1.6mi
4/10
Hudson K-8
Public,•K-8•1.7mi
6/10
Alexander Fleming Middle School
Public,•6-8•3.7mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•4.4mi
4/10
Richard Henry Dana Middle School
Public,•6-8•5.0mi
5/10
Phineas Banning Senior High School
Public,•9-12•0.8mi
3/10
Cabrillo High School
Public,•9-12•1.8mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•3.5mi
6/10
San Pedro Senior High School
Public,•9-12•5.2mi
Price History
Date
Event
Price
08/02/25
$625,000
05/07/25
$650,000
10/29/21
Sold
$528,000
08/23/10
Sold
$243,000
03/24/06
Sold
$488,000
Condition Rating
Poor
Built in 1965, this property is 59 years old. While the description mentions 'newer windows, solar panels, and freshly painted,' the provided images suggest significant deferred maintenance and potential issues. The backyard is overgrown and cluttered, and one interior image shows a window with what appears to be significant damage or obstruction, making the living space potentially uncomfortable or unsafe. The bathroom has a newer vanity but the flooring and overall style appear dated. Without kitchen photos, a full assessment is difficult, but the visible conditions indicate the property requires substantial repairs and rehabilitation beyond minor updates to be considered move-in ready or comfortable.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, ideal for multi-generational families seeking shared housing costs or investors looking for immediate rental income from two separate units.
Recent Property Upgrades: Key updates include newer windows, solar panels, and fresh paint, reducing immediate maintenance and offering energy efficiency benefits.
Strategic Location: Centrally located with convenient access to shopping centers, schools, and major freeways, enhancing desirability and tenant appeal.
Price Adjustment: A recent price reduction from $650,000 to $625,000 indicates a motivated seller and potential for a competitive offer.
Existing Rental Income Stream: Being sold with existing tenants provides immediate cash flow for an investor, eliminating initial vacancy periods and tenant acquisition costs.
Cons
Tenant Occupancy Challenges: The requirement for the buyer to take the property with tenants may complicate the transaction for owner-occupants and could involve navigating tenant rights or eviction processes.
Limited Visual Information: The listing notes 'Pictures coming soon' and primarily features exterior images, making it difficult for potential buyers to fully assess the interior condition and layout remotely.
Property Age: Built in 1965, the property is nearly 60 years old. While some updates are present, potential buyers should anticipate the possibility of additional maintenance or system replacements typical of older homes.