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    1603 Lagoon Ave Wilmington, CA 90744

    For Sale
    $1,230,000

    Single Family Residence - Wilmington, CA

    Type:Single Family Residence
    Property size:
    2,660 SF
    Lot size:
    5,550.00 Acres
    Days on Market:
    249
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 1603 Lagoon Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    LAR1
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    APN
    7421012028
    Exterior features
    Community Features Included: Sidewalks, Back Yard
    Size
    2,660 SF
    Lot size
    5,550.00 Acres

    Building Details

    Year built
    1929
    Floors in Building
    2
    Number of units
    2
    Architectural style
    Other

    Keller Williams Realty Redlands (909) 793-2100 [email protected]

    Listing agent JESSE AGUAYO (909) 793-2100 License #01229534

    Listing date Apr 2, 2025

    MLS# IG25072372 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wilmington Duplex with Income Potential

    Located in Wilmington, this property features two units. The front unit includes three bedrooms and one bathroom. The rear unit offers five bedrooms and three bathrooms. Both units have laundry hookups. The property is near schools, employment opportunities, major highways, and public transportation. Recent renovations include new fixtures, updated kitchens and bathrooms, fruit trees, and extensive parking facilities, including a two-car detached garage. The property, zoned LAR1, is situated on a lot of approximately 0.13 acres. The property size is 2,660 square feet. It can be utilized as a primary residence, with the potential to construct an Accessory Dwelling Unit (ADU) for additional income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Los Angeles
    State
    California
    Longitude
    -118.268491
    Latitude
    33.795278

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    FAQs

    What type of property is this?
    Duplex - Two units, renovated, near amenities, potential for ADU construction.
    Where is this duplex located?
    The property is located at 1603 Lagoon Ave Wilmington, CA.
    What is the asking price?
    The asking price for this property is $1,230,000.
    What are key features of this property?
    This property features: - Two units on one property: one with 3 bedrooms/1 bathroom, and another with 5 bedrooms/3 bathrooms.; - Potential to build an Accessory Dwelling Unit (ADU) for additional income.; - Recent renovations including new fixtures, updated kitchens and bathrooms.
    (909) 793-2100
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    Wilmington, CA 90744
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1603 Lagoon Ave Wilmington, CA 90744
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