1437 W I, Wilmington, California 90744, Wilmington, 90744 - 3 bed, 2 bath
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Wilmington, California 90744
This property presents a High-Potential Investment Opportunity with a List Price of $825,000—positioned well below the $832,890 Fair Market Value by 0.95%. This valuation gap offers $7,890 in Instant Equity. With a Condition Rating of 5, the home requires interior completion, yet the 9,072 sqft lot provides massive ADU development potential. Featuring solar panels and a newer roof, this asset is ideal for Buy-and-Hold Investors or Contractors seeking to unlock value through strategic renovation and expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1437 W I Subject | $825,000* List Price | 3 | 2 | 1,436 | $580 | - |
A 1128 W Dolores Sold | $717,000 | 3 | 2 | 1,152 | $622 | 0.9 mi |
B 933 King Avenue Sold | $685,000 | 3 | 2 | 1,156 | $593 | 0.3 mi |
C 337 Hawaiian Sold | $700,000 | 3 | 1 | 1,020 | $686 | 0.6 mi |
D 1112 Island Avenue Sold | $700,000 | 3 | 2 | 1,330 | $526 | 1.0 mi |
E 1215 W Mauretania Street Active | $679,000 List Price | 3 | 2 | 1,220 | $557 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 and currently mid-renovation; the property features a completely gutted and unfinished bathroom, missing baseboards in living areas, and a dated kitchen with original-style cabinetry. While the roof and solar are newer, the interior requires significant rehab and completion of construction to be fully functional and meet modern standards.
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.
The expansive 9,072 sqft lot offers significant opportunity for value-add projects, specifically the potential to build multiple ADUs or a custom outdoor oasis.
Positioned near Ken Malloy Harbor Regional Park and the planned refinery-to-town-center redevelopment, the property is well-located for future appreciation and lifestyle convenience.
With only a one-car garage for a three-bedroom residence, the property may lack sufficient covered parking and storage for larger households.
The laundry facilities are located in an exterior room rather than inside the main living area, which may be a drawback for buyers seeking modern convenience.
HUGE LOT WITH INCREDIBLE POTENTIAL TO BUILD MULTIPLE ADUs! This spacious Wilmington home is 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. Additional features include solar panels, a newer roof, an attached one-car garage, exterior laundry room, and a 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 is currently undergoing finishing touches and is ready for its next owner to unlock its full potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,436 | 1,156.5 | 68% |
| Lot Size | 9,072 | 5,602 | 93% |
| Price | $825.0K | $721.0K | 89% |
| Price per sq ft | $575 | $604 | 46% |
| Built year | 1960 | 1951 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 123 | 11% |
Jun 1, 2026
$825,000
Initial Listing
Dec 23, 2020
$625,000
Public Record
Nov 16, 2018
$490,000
Public Record
Jun 5, 2013
$335,000
Public Record