1435 1437 E Colon St, Wilmington, California 90744, Wilmington, 90744 - 5 bed, 2 bath
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Wilmington, California 90744
This Turnkey Income-Producing Duplex is listed at $874,800, positioned near its $808,685 Fair Market Value following strategic price adjustments. Boasting a Condition Score of 2, the property features Comprehensive Turnkey Upgrades including a brand-new roof, HVAC, plumbing, and electrical systems. Residents enjoy premium amenities such as Gated Tandem Parking, Private Patios, and proximity to the 9/10 Rated Taper Avenue Elementary School within the Los Angeles Unified District. This fully remodeled asset is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting stable cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1435 1437 E Colon St Subject | $874,800* List Price | 5 | 2 | 1,475 | $548 | - |
A 1311 E Pacific Coast 2 Sold | $760,000 | 0 | 0 | 1,520 | $500 | 0.1 mi |
B 1301 E Pacific Coast Active | $749,900 List Price | 0 | 0 | 1,520 | $493 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
Elementary School: Taper Avenue Elementary School (9/10).
The property features extensive modernizations including a new roof, upgraded plumbing, new HVAC systems, and new electrical panels, minimizing immediate capital expenditure for investors.
Both units offer private outdoor spaces and the rare addition of gated tandem parking, providing a significant competitive advantage in the Wilmington rental market.
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.
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.
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!
No exterior & parking available.
Grades K-5 • 0.4 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 | 5.0 | 0.0 | 91% |
| Baths | 2.0 | 0.0 | 91% |
| Square foot | 1,475 | 1,687 | 18% |
| Lot Size | 4,743 | 5,670 | 18% |
| Price | $874.8K | $780.0K | 73% |
| Price per sq ft | $593 | $463 | 82% |
| Built year | 1920 | 1947 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 282 | 216 | 82% |
Oct 28, 2025
$874,800
$974,800
-10% Price Drop
Initial Listing
Sep 16, 2025
$974,800
$975,000
+0% Price Increase
Initial Listing
Aug 29, 2025
$975,000
Initial Listing
Jul 14, 2025
$1,075,000
Initial Listing
Aug 18, 2020
$625,000
Public Record
Jan 12, 2018
$480,000
Public Record
Aug 22, 2006
$525,000
Public Record