333 W D Street, Wilmington, California 90744, Wilmington, 90744 - 12 bed, 4 bath
ACTIVE$950,000
333 W D Street, Wilmington, California 90744
12Beds
4Baths
3,240Sqft
4,800Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Taper Avenue Elementary School (9/10).
Top Cons:
Property Age & Potential Capital Expenditures: Built in 1959, the property, despite being well-maintained, may have aging core systems (plumbing, electrical, roof) that could require significant capital expenditures in the near to medium term.
Compared to the nearby listings
Price:$950.0K vs avg $793.5K (+$156,500)83%
Size:3,240 sqft vs avg 2,145 sqft92%
Price/sqft:$293 vs avg $36842%
More Insights
Built in 1959 (66 years old).
Condition: Built in 1959, this property is aged but appears to be maintained, as noted in the description. However, the interior images, particularly of the kitchen, reveal highly dated features including painted, older cabinets, worn countertops, and older appliances. Flooring throughout the visible units consists of worn linoleum/vinyl and dated carpet. There is no central air conditioning, with window units visible. While functional, the property explicitly lacks modern interior upgrades and would require substantial cosmetic updates to meet contemporary standards, aligning with the 'Fair' condition criteria of being aged, maintained, functional but outdated, and requiring updates.
Year Built
1959
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$293
HOA
-
Days on market
-
Sold On
-
MLS number
HD25109143
Home ConditionFair
Features
Patio
View-
About this home
Welcome to 333 W D Street in Wilmington California. This is an exceptional investment opportunity in the heart of Wilmington! This well-maintained 4-unit multifamily property features four spacious 3-bedroom, 1-bathroom units — a rare and in-demand configuration perfect for maximizing rental income and tenant retention. Each unit offers a generous floor plan with comfortable living areas, ample natural light, and functional kitchens. Tenants enjoy separate entrances, individual utility meters, and off-street parking. Low-maintenance exterior and shared yard area. The property sits on a sizable lot with potential for future upgrades or added value. Centrally located near the Port of LA, Long Beach, and major employment hubs. Easy access to 110 & 47 Freeways. Close to shopping, schools, public transportation, and local parks. This is a strong rental demand area with limited comparable inventory. Whether you're looking to expand your real estate portfolio or secure a solid income-producing asset, 333 W D Street delivers a rare blend of size, location, and value. With all 3-bedroom units, this property offers excellent cash flow potential and long-term growth.
Nearby schools
3/10
George De La Torre Jr. Elementary School
Public,•K-5•0.1mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•0.6mi
6/10
Gulf Avenue Elementary School
Public,•K-5•0.9mi
4/10
Fries Avenue Elementary School
Public,•K-5•1.0mi
4/10
Wilmington Park Elementary School
Public,•K-5•1.4mi
4/10
Broad Avenue Elementary School
Public,•K-5•1.9mi
9/10
Taper Avenue Elementary School
Public,•K-5•2.1mi
4/10
Normont Elementary School
Public,•K-5•2.1mi
2/10
Barton Hill Elementary School
Public,•K-6•2.3mi
6/10
Harbor City Elementary School
Public,•K-5•2.6mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•2.9mi
5/10
Del Amo Elementary School
Public,•K-5•4.5mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•20.7mi
8/10
Harry Bridges Span
Public,•K-8•1.0mi
5/10
Wilmington Middle School
Public,•6-8•1.6mi
6/10
Alexander Fleming Middle School
Public,•6-8•3.0mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•3.0mi
4/10
Hudson K-8
Public,•K-8•3.2mi
4/10
Richard Henry Dana Middle School
Public,•6-8•3.4mi
5/10
Phineas Banning Senior High School
Public,•9-12•1.4mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•3.2mi
3/10
Cabrillo High School
Public,•9-12•3.2mi
6/10
San Pedro Senior High School
Public,•9-12•3.6mi
Price History
Date
Event
Price
01/27/04
Sold
$430,000
Condition Rating
Fair
Built in 1959, this property is aged but appears to be maintained, as noted in the description. However, the interior images, particularly of the kitchen, reveal highly dated features including painted, older cabinets, worn countertops, and older appliances. Flooring throughout the visible units consists of worn linoleum/vinyl and dated carpet. There is no central air conditioning, with window units visible. While functional, the property explicitly lacks modern interior upgrades and would require substantial cosmetic updates to meet contemporary standards, aligning with the 'Fair' condition criteria of being aged, maintained, functional but outdated, and requiring updates.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10).
High Rental Demand & Configuration: The property features four spacious 3-bedroom, 1-bathroom units, a rare and in-demand configuration that maximizes rental income and tenant retention in a strong rental demand area with limited comparable inventory.
Strategic Location: Centrally located near major employment hubs like the Port of LA and Long Beach, with easy access to 110 & 47 Freeways, enhancing its appeal to a broad tenant base.
Investment Potential: Positioned as an exceptional investment opportunity, offering excellent cash flow potential and long-term growth due to its unit mix and market conditions.
Tenant-Centric Features: Each unit benefits from separate entrances, individual utility meters, and off-street parking, which are highly desirable features for tenants and simplify property management.
Value-Add Opportunity: The sizable lot presents potential for future upgrades or added value, allowing for further enhancement of the property's income-generating capabilities or appreciation.
Cons
Property Age & Potential Capital Expenditures: Built in 1959, the property, despite being well-maintained, may have aging core systems (plumbing, electrical, roof) that could require significant capital expenditures in the near to medium term.
Limited Bathroom Count Per Unit: Each of the four 3-bedroom units only includes one bathroom, which can be a significant drawback for larger families or multiple occupants, potentially limiting tenant appeal or rental rate ceiling.
Lack of Modern Interior Upgrades: While units offer functional kitchens, the description does not specify recent modern interior renovations or amenities, which might be necessary to attract premium tenants and compete with newer properties.