
Wilmington, California 90744
This triplex is a High-Potential Investment Opportunity, listed at $875,000—positioned slightly above the $846,128 Fair Market Value by -3%. Featuring a Condition Rating of 5, the property requires a comprehensive rehab to modernize aging infrastructure. The vacancy of the upper unit provides immediate flexibility for an owner-occupant to perform a "house hack" or an investor to secure market-rate tenants. With ample parking and a private deck, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Property is extensive renovation needed.
The property was built in 1977 (47 years old) and the listing mentions no recent renovations to kitchens, bathrooms, or major systems. Based on the age exceeding 30 years and the visible wear on the roof and exterior stucco in photos, the building likely requires a comprehensive rehab to address dated interiors and aging infrastructure.
Elementary School: Taper Avenue Elementary School (9/10).
Unit A will be delivered vacant, providing an immediate opportunity for an owner-occupant to move in or for an investor to secure market-rate rent without relocation hurdles.
The property offers ample parking, a rare and highly sought-after feature for multi-family units in Wilmington that significantly enhances tenant desirability and retention.
The majority of the local assigned schools carry lower performance ratings, which may limit the property's appeal to families prioritizing high-ranking educational districts.
Given the building's footprint and the emphasis on parking on a 5,368 sqft lot, there is likely minimal shared or private green space for tenant recreation.
Spacious triplex building now available. Each of the three units features two bedrooms and one bathroom. Units A upper-level unit will be delivered vacant. The property offers plenty of parking and is conveniently located within walking distance of schools, shopping centers, and public transportation.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,060 | 2,119 | 63% |
| Lot Size | 5,368 | 5,094 | 50% |
| Price | $875.0K | $841.0K | 50% |
| Price per sq ft | $286 | $356 | 13% |
| Built year | 1977 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 146 | 13% |
May 20, 2026
$875,000
$925,000
-5% Price Drop
Initial Listing
May 6, 2026
$925,000
Initial Listing
Mar 2, 2012
$355,000
Public Record
Apr 14, 2006
$535,000
Public Record