1339 E M, Wilmington, California 90744, Wilmington, 90744 - 0 bed, 0 bath
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Wilmington, California 90744
This Value-Add Duplex Asset is a High-Potential Investment Opportunity listed at $625,000—positioned well below the $631,324 Fair Market Value by 1%. This valuation provides $6,324 in Instant Equity with substantial upside through rehabilitation. Featuring Two Detached Units and Alley Access, the property carries a Condition Rating of 5, signaling a need for modernization to capture market rents. Located near Wilmington Park Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1339 E M Subject | $625,000* List Price | 0 | 0 | 1,546 | $408 | - |
A 1210 1212 E Cruces Sold | $810,000 | 0 | 0 | 1,687 | $480 | 0.3 mi |
B 908 Mcfarland Avenue Sold | $730,000 | 0 | 0 | 1,600 | $456 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930, this duplex shows significant signs of deferred maintenance and age. The exterior images reveal weathered siding and peeling paint on the eaves, while the listing description explicitly advises buyers to 'bring your brush and paint,' indicating a need for substantial rehabilitation. Given the property's age and the lack of evidence regarding updates to the kitchens, bathrooms, or major systems, it requires significant repair and modernization to meet current quality standards.
Elementary School: Taper Avenue Elementary School (9/10).
The property features two detached units on a single lot, providing the privacy and feel of separate homes, which is a significant draw for both multi-generational families and premium-market renters.
The seller's willingness to credit the buyer toward tenant relocation fees reduces the financial and administrative burden for buyers looking to owner-occupy or reposition the asset.
Being sold with tenants in place in both units may complicate immediate renovation plans or financing for buyers requiring vacant possession at closing.
The 1930s construction is noted as needing 'brush and paint,' suggesting that immediate cosmetic and potentially structural updates are required to maximize the property's value.
Great Duplex for Investors or Buyers Wanting to Live in One Unit and Rent Out the Other! This property includes two detached units on one lot, offering the privacy and feel of separate homes while sharing a single parcel. The back unit has alley access for parking. Both units are tenant-occupied and will be sold with tenants in place. The property is priced to sell quickly. Bring your brush and paint, and don't miss this opportunity as it will not last! The seller will consider crediting the buyer toward tenant relocation fees for one unit. Conveniently located near parks, schools, transportation, and local amenities.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 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 | 1,546 | 1,687 | 27% |
| Lot Size | 4,820 | 5,670 | 36% |
| Price | $625.0K | $760.0K | 18% |
| Price per sq ft | $404 | $456 | 45% |
| Built year | 1930 | 1947 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 203 | 9% |
Mar 17, 2026
$625,000
Initial Listing
Aug 23, 2016
$279,000
Public Record
Jul 6, 2016
$220,000
Public Record