1435 1437 E Colon St, Wilmington, California 90744, Wilmington, 90744 - 5 bed, 2 bath

1435 1437 E Colon St
Wilmington, California 90744
Property Price
SUMMARY
Analysis of 1435 1437 E Colon St, Wilmington, California 90744 is currently available with a list price of $874,800. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1920, this duplex has undergone an extensive, high-quality renovation within the last year. The property features completely updated kitchens and bathrooms with modern finishes, new flooring throughout, and dual-pane windows. Furthermore, all major systems—including the roof, HVAC, plumbing, electrical panels, and water heaters—are brand new, meeting the criteria for a turnkey property with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10).
- Comprehensive Turnkey Upgrades
The property features extensive modernizations including a new roof, upgraded plumbing, new HVAC systems, and new electrical panels, minimizing immediate capital expenditure for investors.
- Enhanced Rental Appeal
Both units offer private outdoor spaces and the rare addition of gated tandem parking, providing a significant competitive advantage in the Wilmington rental market.
CONSRISKS & DEFICIENCIES
- High Bedroom-to-Bath Ratio
With 5 bedrooms but only 2 bathrooms shared across two units, the layout may present functional challenges for larger households and limit premium rental rates.
- Underperforming Local Schools
The majority of the closest assigned schools have lower ratings (ranging from 2 to 4), which may impact the property's appeal to long-term family tenants.
About 1435 1437 E Colon St
Discover the potential of this fully remodeled duplex at 1435-1437 E Colon Street, ideally located in the up-and-coming Wilmington neighborhood. This turnkey property offers two spacious units, each updated with renovated bathrooms, Kitchens, new flooring throughout, dual-pane windows, and modern finishes. Major improvements include a new roof, upgraded plumbing, new HVAC systems, new electrical panels, and new water heaters, providing peace of mind and minimal maintenance for years to come. One of the units features gated tandem parking, adding extra security and convenience for tenants — a rare find in the area. The property also offers off-street parking and private outdoor spaces for both units. Close to local schools, parks, shopping centers, and major freeways, this duplex is ideally positioned for stable cash flow and strong rental demand. Don’t miss out — remodeled, income-producing duplexes like this don’t last long. Contact us today to schedule your private showing and secure this solid investment!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1920
- Lot Size
- 4,743 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Wilmington Unified Schools
Wilmington Park Elementary School
Grades K-5 • 0.4 mi
Broad Avenue Elementary School
Grades K-5 • 1.1 mi
Fries Avenue Elementary School
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | - | 92% |
| Baths | 2.0 | - | 92% |
| Square foot | 1,475 | 1,714.5 | 17% |
| Lot Size | 4,743 | 7,080.5 | 17% |
| Price | $874.8K | $770.0K | 75% |
| Price per sq ft | $593 | $460 | 83% |
| Built year | 1920 | 1953 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 235 | 214 | 67% |
Pricing History
Listed for Sale
Oct 28, 2025
$874,800
$974,800
-10% Price Drop
Initial Listing
Price Change
Sep 16, 2025
$974,800
$975,000
+0% Price Increase
Initial Listing
Price Change
Aug 29, 2025
$975,000
Initial Listing
Price Change
Jul 14, 2025
$1,075,000
Initial Listing
Sold
Aug 18, 2020
$625,000
Public Record
Sold
Jan 12, 2018
$480,000
Public Record
Sold
Aug 22, 2006
$525,000
Public Record
























