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815 W G Street, Wilmington, California 90744, Wilmington, 90744 - bed, bath

815 W G Street, Wilmington, California 90744 home-pic-0
ACTIVE$1,199,000$3,377/sqft
815 W G Street, Wilmington, California 90744
0Bed
0Bath
3,377Sqft
4,815Lot

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:
Future Construction/Delivery Risk: The 'year_built: 2026' and 'on_market_date: 2026-01-16' indicate this is a pre-construction or off-plan sale, which carries inherent risks of construction delays, potential material changes, and the final product differing from initial plans.

Compared to the nearby listings

Price:$1.20M vs avg $793.5K (+$405,500)92%
Size:3,377 sqft vs avg 2,145 sqft92%
Price/sqft:$355 vs avg $37050%

More Insights

Built in 2026 (0 years old).
Condition: This property is brand new, indicated by the 'year_built: 2026' and the description 'New modern South Bay living'. The images confirm a completely new interior with modern finishes throughout, including new laminate flooring, recessed lighting, and fresh paint. The kitchen features new blue shaker cabinets, white countertops, and new stainless steel appliances (dishwasher, microwave). Bathrooms are also new with modern vanities, fixtures, and tile work. All major systems, including central AC/heating and paid-off solar, are new, meeting current quality standards with no deferred maintenance.
Year Built
2026
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$355
HOA
-
Days on market
-
Sold On
-
MLS number
DW26011345
Home ConditionExcellent
Features
View-

About this home

New modern South Bay living near the Port of Los Angeles! This property sits in the heart of Wilmington and bordered line with San Pedro and Harbor City. Conveniently close to major transits, this property is couple blocks from the 110 FWY, PCH, 47 HWY, and 710 FWY (86 Walk Score). G st is perfect investors who are looking for different exit strategies or a BIG family that want to buy together. Investors get to enjoy a nice cash flow off this home with a pro-forma of $96,000 in annual gross rents. Amazing est. 6% CAP rate and a 12.5X GRM. Property has total of 8 bedrooms and 8 baths. Yes thats right, each units offers 4 bedroom and 4 baths (3 masters on each unit) which can give you an option to also rent by the room and potentially increase your cashflow, or force value by building up to 2 ADUs in the rear. FIRST TIME HOME BUYERS, don't feel discouraged. This property qualifies with FHA financing where you have the opportunity to come with a low downpayment. property has all the modern touches in today’s market such as laminate flooring recessed lighting, central AC and heating, washroom, PAID OFF solar systems, and very low expenses for landlords. Both units have separate utilities including water meters. Near retailers include Food-4-Less, El Super, Famous Isaac's Cafe, Mc Donals, WSS and many more. This by far is one of the best property in the neighborhood. Come check it out before is gone!

D
Daniel Terrazas
Listing Agent

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•0.4mi
6/10
Gulf Avenue Elementary School
Public,•K-5•0.6mi
4/10
Fries Avenue Elementary School
Public,•K-5•0.8mi
4/10
Wilmington Park Elementary School
Public,•K-5•1.6mi
4/10
Normont Elementary School
Public,•K-5•1.6mi
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•2.1mi
2/10
Barton Hill Elementary School
Public,•K-6•2.4mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•2.5mi
5/10
Del Amo Elementary School
Public,•K-5•4.3mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•20.4mi
8/10
Harry Bridges Span
Public,•K-8•0.9mi
5/10
Wilmington Middle School
Public,•6-8•1.3mi
6/10
Alexander Fleming Middle School
Public,•6-8•2.5mi
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•2.7mi
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
03/18/24
Sold
$310,000
Condition Rating
Excellent
This property is brand new, indicated by the 'year_built: 2026' and the description 'New modern South Bay living'. The images confirm a completely new interior with modern finishes throughout, including new laminate flooring, recessed lighting, and fresh paint. The kitchen features new blue shaker cabinets, white countertops, and new stainless steel appliances (dishwasher, microwave). Bathrooms are also new with modern vanities, fixtures, and tile work. All major systems, including central AC/heating and paid-off solar, are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Taper Avenue Elementary School (9/10).
New Construction & Modern Amenities: Built in 2026, this property offers brand new, modern living with laminate flooring, recessed lighting, central AC and heating, and washrooms, appealing to contemporary tastes.
Strong Investment Potential: Features a pro-forma of $96,000 in annual gross rents, an estimated 6% CAP rate, 12.5X GRM, and opportunities to increase cash flow through room rentals or by adding up to two ADUs.
High-Density Income-Generating Duplex: A duplex with a total of 8 bedrooms and 8 baths (each unit having 4 beds/4 baths, including 3 masters), ideal for multi-generational families or maximizing rental income through individual room leases.
Excellent Location & Accessibility: Strategically located in the heart of Wilmington, bordering San Pedro and Harbor City, boasting an 86 Walk Score and convenient access to major freeways (110, PCH, 47, 710 FWY).
Cost-Saving Features & FHA Eligibility: Includes PAID OFF solar systems, central AC/heating, and separate utility meters for each unit (including water), leading to lower operating expenses. Also qualifies for FHA financing, making it accessible to first-time home buyers.

Cons

Future Construction/Delivery Risk: The 'year_built: 2026' and 'on_market_date: 2026-01-16' indicate this is a pre-construction or off-plan sale, which carries inherent risks of construction delays, potential material changes, and the final product differing from initial plans.
Unclear Previous Sale Context: A recent sales history shows a transaction for $310,000 in March 2024, which is significantly lower than the current list price. This discrepancy requires clarification, as it likely represents a land sale or an old structure, potentially causing confusion for buyers.
High-Density Configuration Appeal: While beneficial for investors targeting room rentals, the configuration of 4 bedrooms and 4 baths per unit with multiple masters might not appeal to all traditional family renters, potentially narrowing the long-term tenant pool.
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