1437 W I, Wilmington, California 90744, Wilmington, 90744 - 3 bed, 2 bath
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1437 W I
Wilmington, California 90744
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,436Sq Ft
9,072Lot Size
Property Price
LIST PRICE$775,000
EST. MARKET VALUE
$828,832
6% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $775,000—positioned well below the $828,832 Fair Market Value by 6%. This valuation gap offers $53,832 in Instant Equity. With a Fair Condition Rating, the home features a 9,072 sqft lot with significant ADU development potential. While the kitchen requires modernization, the property includes solar panels and a newer roof. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation in a growing harbor-side market.
Estimated Market Value
$828,832+$53,832 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Wilmington.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1437 W I Subject | $775,000* List Price | 3 | 2 | 1,436 | $577 | - |
A 1220 W Young Sold | $700,000 | 3 | 2 | 1,161 | $603 | 0.4 mi |
B 1215 W Mauretania Street Sold | $700,000 | 3 | 2 | 1,220 | $574 | 0.7 mi |
C 1442 W G Street Sold | $730,000 | 3 | 3 | 1,476 | $495 | 0.2 mi |
D 933 King Avenue Sold | $685,000 | 3 | 2 | 1,156 | $593 | 0.3 mi |
E 912 Frigate Sold | $655,000 | 3 | 1 | 1,126 | $582 | 0.2 mi |
F 1316 W L Street Sold | $670,000 | 3 | 1 | 1,254 | $534 | 0.4 mi |
G 1128 W Dolores Sold | $717,000 | 3 | 2 | 1,152 | $622 | 0.9 mi |
H 337 Hawaiian Sold | $700,000 | 3 | 1 | 1,020 | $686 | 0.6 mi |
I 1454 Gulf Active | $798,000 List Price | 3 | 3 | 1,390 | $574 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1960, the property shows a mix of recent partial renovations and dated elements. While it features a newer roof, solar panels, fresh paint, and one modern remodeled bathroom, the kitchen is explicitly described as needing future upgrades. The 60+ year age and the need for further interior modernization place it in the fair category.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9072, living area = 1436.
- Significant Development Potential
The oversized 9,072 sqft lot with rear yard access provides a rare opportunity to build multiple ADUs, a pool, or an expansive outdoor living space.
- Energy Efficiency and Key Upgrades
Equipped with solar panels and a newer roof, the home also features recent interior improvements including a remodeled bathroom and fresh paint.
CONSRISKS & DEFICIENCIES
- Limited Enclosed Parking
The property features only a one-car garage, which may be inadequate for a three-bedroom residence and modern multi-vehicle households.
- Functional Layout Inconvenience
The laundry facilities are located in an exterior room, which is less desirable and convenient than a modern interior laundry setup.
About 1437 W I
NEW PRICE AND NEW UPGRADES! HUGE LOT WITH INCREDIBLE POTENTIAL TO BUILD MULTIPLE ADUs! This home was feature in several Blockbuster Movies. Ideally located on the harbor side of town, backing to a natural open space with walking trails and conveniently situated near Ken Malloy Harbor Regional Park, golf course, Los Angeles Harbor College, shopping, schools, restaurants, and the 110 Freeway.The area is also positioned for future growth with the planned redevelopment of the former refinery site into a vibrant town center featuring retail, dining, recreational facilities, playgrounds, and more. Inside, the home offers a spacious living room that flows into the kitchen, providing plenty of room for future upgrades and a center island. The first floor features a bedroom and full bathroom, along with a charming stair nook that can be used as a reading area, workstation, play space, or additional storage. Upstairs offers a large loft area that can be used as a family room, office, or flex space, along with two bedrooms and one bathroom. Primary bedroom includes a fireplace. One upstairs bedroom was previously divided into two rooms and can easily be restored to its original layout. New upgrades include; remodeled bathroom upstairs, base boards, some rooms have been recently been painted, popcorn ceiling from hallway was removed, plus additional maintenance and TLC work has been completed. Additional features include solar panels, a newer roof, an attached one-car garage, exterior laundry room, and extended long driveway with rear yard access!! The true highlight is the expansive backyard, offering endless possibilities to build ADUs, add a pool, create additional parking, or design your dream outdoor oasis.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 9,072 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.9 |
| Baths | 2.0 | 1.6 |
| Square foot | 1,436 | 1,215 |
| Lot Size | 9,072 | 6,023.95 |
| Price | $775.0K | $711.1K |
| Price per sq ft | $540 | $598 |
| Built year | 1960 | 1949 |
| HOA | $0 | $0 |
| Days on market | 21 | 51 |
Pricing History
Listed for Sale
Aug 19, 2026
$775,000
Initial Listing
Sold
Dec 23, 2020
$625,000
Public Record
Sold
Nov 16, 2018
$490,000
Public Record
Sold
Jun 5, 2013
$335,000
Public Record