703 W Anaheim, Wilmington, California 90744, Wilmington, 90744 - 0 bed, 0 bath
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Wilmington, California 90744
This Mixed-Use Investment Asset presents a Strong Value Opportunity with a List Price of $1,225,000—positioned well below the $1,250,000 Fair Market Value by 2%. This valuation gap provides $25,000 in Instant Equity for incoming owners. The property features a 2,768 sq ft retail building on a high-visibility signalized corner and four residential units, ensuring a diversified income stream. While holding a Condition Rating of 4, the dated interiors offer significant value-add potential. Proximity to the 9/10 rated Taper Avenue Elementary drives consistent rental demand. This is a strategic acquisition for Buy-and-Hold Investors or Portfolio Diversifiers.
Property is moderate renovation needed.
The property is a mixed-use investment built in 1948 (retail) and 1963 (residential). Exterior images show the structure is maintained and functional, but the lack of interior photos and the 'do not disturb tenants' instruction suggest that the kitchens, bathrooms, and internal systems are likely dated and have not undergone a recent comprehensive renovation. The property appears to be in a condition consistent with its age, requiring regular upkeep but showing signs of being outdated compared to modern standards.
Elementary School: Taper Avenue Elementary School (9/10).
This mixed-use property offers a balanced investment profile by combining a 2,768 sq ft retail space with four residential units, effectively mitigating vacancy risk through multiple revenue sources.
Situated on a signalized corner of Anaheim Street, the property benefits from high traffic counts and excellent signage opportunities, ensuring long-term viability for the commercial component.
With the original structure dating back to 1948, the property may require significant capital expenditures for system upgrades and ongoing maintenance to remain competitive.
Managing a mixed-use asset with five separate tenancies requires more intensive oversight and specialized knowledge compared to standard residential or single-tenant commercial investments.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1948 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 20, 2026
$1,225,000
$1,250,000
-2% Price Drop
Initial Listing
Feb 27, 2026
$1,250,000
Initial Listing
Dec 4, 2023
$850,000
Public Record