1341 N Fries, Wilmington, California 90744, Wilmington, 90744 - bed, bath

1341 N Fries
Wilmington, California 90744
Property Price
SUMMARY
Analysis of 1341 N Fries, Wilmington, California 90744 is currently available with a list price of $760,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1929, this triplex is currently in the LAHD REAP program, which indicates significant unresolved health and safety violations. While the seller reports recent repairs, the property is sold 'As-Is' with dated kitchens, bathrooms, and visible wear, requiring substantial rehabilitation to meet standard habitability and quality levels.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10).
CONSRISKS & DEFICIENCIES
About 1341 N Fries
Value-Add Triplex Opportunity in West Wilmington Rare opportunity to acquire a true income-producing triplex featuring three separate units: two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, each with private entrances and individual yard space a configuration desirable for long-term rental stability. Property is currently subject to the City of Los Angeles LAHD REAP program and is expected to be removed from REAP at the close of escrow. Seller reports approximately $40,000 invested in recent repairs, with substantial corrective work completed. Per seller, most items have been addressed, with remaining corrections pending in Unit 1343. Current rental income reflects REAP-adjusted amounts. Projected gross rental income upon removal from REAP is approximately $3,346.81 per month, offering long-term upside potential for rental optimization and income growth. Strategically located near Pacific Coast Highway, the 110 Freeway, schools, shopping, and major employment centers within a high-demand rental corridor.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1929
- Lot Size
- 7,295 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 • 0.4 mi
Broad Avenue Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,192 | 1,943.5 | 75% |
| Lot Size | 7,295 | 7,241 | 50% |
| Price | $760.0K | $760.0K | 50% |
| Price per sq ft | $347 | $403 | 42% |
| Built year | 1929 | 1953 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 193 | 8% |
Pricing History
Listed for Sale
Mar 4, 2026
$760,000
$720,000
+6% Price Increase
Initial Listing
Price Change
Feb 14, 2026
$720,000
Initial Listing
Sold
Sep 20, 2018
$625,000
Public Record
Sold
Nov 12, 2003
$325,000
Public Record























