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

1341 N Fries, Wilmington, California 90744 home-pic-0

1341 N Fries

Wilmington, California 90744

ACTIVE
CONDITION: POOR
0Beds
0Baths
2,192Sq Ft
7,295Lot Size

Property Price

LIST PRICE$760,000

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

Poor
TeardownExcellent

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

4/10

Gulf Avenue Elementary School

Grades K-5 • 0.4 mi

6/10

Broad Avenue Elementary School

Grades K-5 • 0.8 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot2,1921,943.5
75%
Lot Size7,2957,241
50%
Price$760.0K$760.0K
50%
Price per sq ft$347$403
42%
Built year19291953
33%
HOA$0$0
50%
Days on market20193
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

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