705 Mcdonald Avenue, Wilmington, California 90744, Wilmington, 90744 - 0 bed, 0 bath
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Wilmington, California 90744
This Income-Generating Triplex represents a High-Potential Investment Opportunity listed at $719,999, matching its $719,999 Fair Market Value. The asset features three spacious 2-bed/1-bath units, each equipped with Private Garages, situated on a prime Corner Lot. Holding a Well-Maintained Condition Rating, the property offers immediate rental stability with significant upside through ADU Potential. Strong tenant demand is supported by proximity to the top-rated Taper Avenue Elementary School (9/10). This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 705 Mcdonald Avenue Subject | $719,999* List Price | 0 | 0 | 2,055 | $350 | - |
A 524 Gulf Avenue Sold | $750,000 | 0 | 0 | 2,145 | $350 | 0.2 mi |
B 703 W L Pending | $599,000 List Price | 0 | 0 | 1,950 | $307 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property is well-maintained and functional, but the kitchens and bathrooms are significantly outdated in style and materials, suggesting renovations from 15-30 years ago or older. Appliances are a mix of old (gas range) and new (refrigerator). Heating is via wall-mounted units, not central HVAC. While livable, it requires minor updates to modernize the interiors and systems.
Elementary School: Taper Avenue Elementary School (9/10).
The property is a triplex with three spacious 2-bed/1-bath units, offering a stable and diversified income stream for investors.
Significant upside potential exists through the possibility of adding an Accessory Dwelling Unit (ADU), enhancing future revenue and property value.
Built in 1954, the property may have older systems (e.g., plumbing, electrical) that could require future upgrades or increased maintenance costs.
A recent price reduction from $739,999 to $719,999 suggests potential market resistance or a need for a more competitive pricing strategy.
While the triplex is described as 'well maintained,' the lack of specific details on individual unit updates may imply a need for interior renovations to maximize rental income or tenant appeal.
Investors, here’s your opportunity! Welcome to 705 McDonald Ave, a well maintained triplex featuring three spacious 2-bed/1-bath units (705,707,709), each with a private garage. Situated on a corner lot with a wide driveway, the property also offers a shared laundry room for added tenant convenience. The location is a winner being close to schools, parks, shopping, and major freeways; ensuring steady rental demand and long term value. With potential ADU possibilities, this property provides exciting upside for value-add investors. Whether you’re seeking a stable income property or a multifamily asset with growth potential, this triplex delivers both location and opportunity!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 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 | 2,055 | 1,742 | 64% |
| Lot Size | 4,801 | 5,670 | 27% |
| Price | $720.0K | $760.0K | 27% |
| Price per sq ft | $350 | $456 | 27% |
| Built year | 1954 | 1953 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 201 | 203 | 36% |
Feb 6, 2026
$719,999
$739,999
-3% Price Drop
Initial Listing
Oct 3, 2025
$739,999
Initial Listing
May 3, 2022
$700,000
Public Record