1555 Mcdonald Avenue, Wilmington, California 90744, Wilmington, 90744 - 3 bed, 2 bath
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Wilmington, California 90744
This Versatile Multi-Unit Property is a Strong Value Opportunity, listed at $879,900—positioned well below the $950,000 Fair Market Value by 7%. This strategic pricing offers $70,100 in Instant Equity for the incoming buyer. The asset features two fully detached 2-bedroom, 2-bathroom homes and a permitted bonus structure, all maintaining a Good Condition Rating with modern interior renovations. Located within the boundary of the top-rated Taper Avenue Elementary School (9/10), the property combines strong rental demand with significant lifestyle flexibility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1555 Mcdonald Avenue Subject | $879,900* List Price | 3 | 2 | 2,161 | $440 | - |
A 720 King Active Under Contract | $1,100,000 List Price | 0 | 0 | 2,288 | $481 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1930, the property has undergone significant interior renovations and appears move-in ready. The bathrooms have been updated with modern vanities, contemporary black and gold fixtures, and stylish penny tile flooring. The living areas feature consistent wood-look tile or laminate flooring and updated light fixtures/ceiling fans. Although the property relies on window AC units and wall heaters rather than a central HVAC system, the overall cosmetic condition and the presence of multiple updated detached units on the lot meet the criteria for a 'good' rating.
Elementary School: Taper Avenue Elementary School (9/10).
Featuring two completely detached homes on a single lot, this property offers superior privacy with no shared walls, making it highly attractive for both high-quality tenants and owner-occupants.
The inclusion of a permitted bonus structure with its own restroom provides exceptional flexibility for use as a home office, guest suite, or creative studio, adding significant functional square footage.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
Originally built in 1930, the property may require more intensive maintenance or updates to major systems compared to newer builds to meet modern efficiency standards.
Recent price reductions from the original list price suggest the property is still navigating market alignment regarding its condition and specific location within Wilmington.
Discover a unique opportunity in Wilmington—better than a duplex with two detached homes on one lot, offering incredible versatility for living or investment. With no shared walls, each home provides added privacy and comfort. The front home features 2 bedrooms and 2 bathrooms, offering a well-designed layout perfect for everyday living. The rear home also includes 2 bedrooms and 2 bathrooms, plus a small laundry room, making it ideal for extended family, rental income, or multi-generational living. Adding even more value, the property includes a permitted additional structure currently used as a playroom. With its own restroom and layout, this space has fantastic potential—whether as a studio, office, guest suite, or storage area. This rare setup offers endless flexibility and opportunity in a growing area.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 0.0 | 91% |
| Baths | 2.0 | 0.0 | 91% |
| Square foot | 2,161 | 1,742 | 73% |
| Lot Size | 6,752 | 6,209 | 64% |
| Price | $879.9K | $780.0K | 73% |
| Price per sq ft | $407 | $456 | 45% |
| Built year | 1930 | 1947 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 203 | 9% |
Mar 25, 2026
$879,900
$924,900
-5% Price Drop
Initial Listing
Mar 22, 2026
$924,900
$975,000
-5% Price Drop
Initial Listing
Feb 20, 2026
$975,000
Initial Listing
Feb 19, 2026
$950,000
Initial Listing
Oct 20, 2017
$545,000
Public Record
Dec 31, 2007
$470,000
Public Record