
Wilmington, California 90744
This Residential Income Duplex presents a Strong Value Opportunity, listed at $799,000—positioned well below the $845,110 Fair Market Value by 5%. This valuation gap offers $46,110 in Instant Equity. With a Condition Rating of 3, the property features modern updates while offering significant upside through a Detached 2-Car Garage ADU Conversion. This flexible asset is ideal for Buy-and-Hold Investors seeking immediate rental income or Owner-Occupants looking to house-hack in a centrally located Wilmington neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1627 Broad Avenue Subject | $794,000* List Price | 0 | 0 | 1,764 | $453 | - |
A 1742 N Marine Sold | $955,000 | 0 | 0 | 1,740 | $549 | 0.2 mi |
B 1555 Mcdonald Avenue Sold | $855,000 | 3 | 2 | 2,161 | $396 | 0.6 mi |
C 720 King Sold | $1,000,000 | 0 | 0 | 2,288 | $437 | 0.7 mi |
D 1405 Lagoon Avenue Active | $745,000 List Price | 0 | 0 | 1,476 | $505 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1945, the interior shows clear signs of being well-maintained and updated within the last 5-15 years. Features such as recessed lighting, laminate flooring, and a renovated bathroom with modern tile work indicate the property is functional and move-in ready.
Elementary School: Taper Avenue Elementary School (9/10).
The duplex configuration, featuring a 3-bedroom front house and a 1-bedroom rear unit, offers excellent flexibility for owner-occupants to house-hack or for investors to generate dual rental streams.
The detached two-car garage provides a significant value-add opportunity for conversion into an Accessory Dwelling Unit (ADU), allowing for a third income-producing unit on the lot.
Built in 1945, the property may require higher maintenance budgets and potential capital expenditures for aging systems compared to more modern residential income properties.
While the property is centrally located near many schools, several of the closest elementary options have lower performance ratings, which may affect appeal for families with young children.
Unlock the potential of this outstanding duplex, ideally situated near schools, parks, dining, grocery stores, and a wealth of local amenities. This income-generating property features two well-maintained residences: a spacious 3-bedroom, 2-bathroom single-family home at the front, and a charming 1-bedroom, 1-bathroom unit at the rear—complete with its own private backyard. Whether you're looking to live in one unit and rent the other, or fully lease both for maximum return, this flexible property offers immediate earning potential. Adding even more value is a detached 2-car garage, offering an excellent opportunity for a future ADU (Accessory Dwelling Unit) conversion—perfect for increasing both rental income and property value. The extended driveway accommodates up to four vehicles, and with the home located just three houses from the corner, ample street parking is also readily available.Don’t miss your chance to own this centrally located, income-producing gem with built-in value-add opportunities.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,764 | 2,559 |
| Lot Size | 5,227 | 6,275.667 |
| Price | $794.0K | $812.1K |
| Price per sq ft | $450 | $381 |
| Built year | 1945 | 1956 |
| HOA | $0 | $0 |
| Days on market | 30 | 132 |
Aug 26, 2026
$794,000
$799,000
-1% Price Drop
Initial Listing
Aug 10, 2026
$799,000
Initial Listing
Mar 12, 2021
$703,000
Public Record
Aug 2, 2010
$270,000
Public Record
Oct 19, 2004
$359,000
Public Record