
Wilmington, California 90744
This mixed-use property represents a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,217,161 Fair Market Value by 5%. This valuation gap provides $67,161 in Instant Equity. Featuring a Condition Rating of 3, the residential units offer modern finishes, while the retail storefront ensures consistent cash flow. With proximity to top-rated schools like Taper Avenue Elementary, this asset balances commercial income with residential stability. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, move-in ready investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 703 W Anaheim Subject | $1,150,000* List Price | 0 | 0 | 5,572 | $218 | - |
A 1236 N Wilmington Active | $1,399,000 List Price | 0 | 0 | 5,220 | $268 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the structure dates back to 1948/1963, the interior residential units show evidence of a recent renovation (likely within the last 5-10 years). The kitchen features modern white shaker cabinets, updated black hardware, stone countertops, and newer laminate flooring, indicating the property is well-maintained and move-in ready.
Elementary School: Taper Avenue Elementary School (9/10).
This mixed use CASH COW property has a large retail building fronting Anaheim St. and 4 residential units in the rear. Built in 1963, the four units are approximately 2,804 sq ft total behind one retail store (703 West Anaheim Street) The store is approximately 2,768 sq ft, has great signage and is at a signalized corner and is currently leased. There are 4 garage spaces for the residents off the rear alley. Please do not disturb the tenants.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 5,572 | - |
| Lot Size | 6,566 | - |
| Price | $1.15M | $1.40M |
| Price per sq ft | $206 | $271 |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 15 | 115 |
Jul 7, 2026
$1,150,000
Initial Listing
Dec 4, 2023
$850,000
Public Record