801 W F Street, Wilmington, California 90744, Wilmington, 90744 - bed, bath
ACTIVE$998,000
801 W F Street, Wilmington, California 90744
0Bed
0Bath
3,462Sqft
4,806Lot
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:
Rent Control Limitations: Subject to LA City Rent Control RSO guidelines, which can restrict rent increases and add administrative burdens for property management.
Compared to the nearby listings
Price:$998.0K vs avg $793.5K (+$204,500)83%
Size:3,462 sqft vs avg 2,145 sqft92%
Price/sqft:$288 vs avg $36842%
More Insights
Built in 1963 (62 years old).
Condition: Built in 1963, this quadruplex has received significant recent capital improvements, including a new roof (2024), newer windows (2023), and newer furnaces and tankless water heaters in some units. These major updates address critical systems and enhance the property's functionality and longevity, making it move-in ready with no immediate major renovations required. While interior photos are not provided, and the property's age suggests potential for dated kitchens and bathrooms or older plumbing/electrical systems, the substantial recent investments in the building's envelope and key mechanicals elevate its overall condition beyond 'Fair'.
Year Built
1963
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$288
HOA
-
Days on market
-
Sold On
-
MLS number
SB24250295
Home ConditionGood
Features
View-
About this home
Four unit building on corner location with Newer windows 2023 and New roof in 2024. Newer furnaces in two units. Tankless water heaters in two units. Walk to elementary school and shopping. 4 off-street parking spaces. All appliances belong to tenants except for unit 4. Very light and spacious units. Property is under LA City Rent Control RSO guidelines.
Nearby schools
4/10
Hawaiian Avenue Elementary School
Public,•K-5•0.3mi
3/10
George De La Torre Jr. Elementary School
Public,•K-5•0.3mi
6/10
Gulf Avenue Elementary School
Public,•K-5•0.7mi
4/10
Fries Avenue Elementary School
Public,•K-5•0.9mi
4/10
Wilmington Park Elementary School
Public,•K-5•1.6mi
4/10
Normont Elementary School
Public,•K-5•1.7mi
4/10
Broad Avenue Elementary School
Public,•K-5•1.7mi
9/10
Taper Avenue Elementary School
Public,•K-5•1.9mi
6/10
Harbor City Elementary School
Public,•K-5•2.2mi
2/10
Barton Hill Elementary School
Public,•K-6•2.3mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•2.6mi
5/10
Del Amo Elementary School
Public,•K-5•4.4mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•20.5mi
8/10
Harry Bridges Span
Public,•K-8•1.0mi
5/10
Wilmington Middle School
Public,•6-8•1.4mi
6/10
Alexander Fleming Middle School
Public,•6-8•2.6mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•2.7mi
4/10
Hudson K-8
Public,•K-8•3.4mi
4/10
Richard Henry Dana Middle School
Public,•6-8•3.5mi
5/10
Phineas Banning Senior High School
Public,•9-12•1.3mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•2.8mi
3/10
Cabrillo High School
Public,•9-12•3.4mi
6/10
San Pedro Senior High School
Public,•9-12•3.6mi
Price History
Date
Event
Price
05/09/18
Sold
$575,000
Condition Rating
Good
Built in 1963, this quadruplex has received significant recent capital improvements, including a new roof (2024), newer windows (2023), and newer furnaces and tankless water heaters in some units. These major updates address critical systems and enhance the property's functionality and longevity, making it move-in ready with no immediate major renovations required. While interior photos are not provided, and the property's age suggests potential for dated kitchens and bathrooms or older plumbing/electrical systems, the substantial recent investments in the building's envelope and key mechanicals elevate its overall condition beyond 'Fair'.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10).
Major Capital Upgrades: Recent installation of a new roof (2024) and newer windows (2023) significantly reduces immediate maintenance and capital expenditure for the buyer.
Multi-Unit Income Property: A four-unit building (quadruplex) provides diversified income streams, making it an attractive investment opportunity.
Modern Utility Enhancements: Two units benefit from newer furnaces and tankless water heaters, offering improved energy efficiency and tenant comfort.
Prime Corner Location & Walkability: Situated on a desirable corner lot with convenient walking access to elementary schools and shopping, enhancing tenant appeal.
Dedicated Off-Street Parking: Four off-street parking spaces provide a valuable amenity for tenants, especially in a dense urban setting.
Cons
Rent Control Limitations: Subject to LA City Rent Control RSO guidelines, which can restrict rent increases and add administrative burdens for property management.
Tenant Appliance Responsibility: Appliances in three of the four units are tenant-owned, potentially leading to future costs for the owner to provide or replace them upon tenant turnover.
Aging Infrastructure Potential: While major updates have occurred, the 1963 construction year suggests other core systems (e.g., plumbing, electrical) may be older and could require future maintenance or upgrades.