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Wilmington Triplex with Garages
For Sale
$745,000

1405 North Lagoon Avenue, Wilmington, CA 90744

Triplex in Wilmington, CA, featuring garages and updated interiors.

Property Size1,476 SF
Lot Size5,500.00 Acres
Price / SF$504.74
Days on Market805

Property Features for 1405 North Lagoon Avenue

General Information

Standard status Active
Size 1,476 SF
Total Parking Spaces 3
Lot size 5,500.00 Acres
Property subtype Residential Income
Zoning LAC2
Net Operating Income $37,340

Building Details

Year Built 1954
Buildings 1
Units 3
Listing Agency: Keller Williams Palos Verdes
Listed By: Laura Rico-Aguilar · License #01049782
Source: Compass
Added: Jul 22, 2024 Changed: Oct 3 Last Checked: Oct 2 at 11:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Palos Verdes

Investment Insights

Based on property information with market context.

Located on Lagoon Avenue in Wilmington, California, this triplex property features three units, each containing one bedroom and one bathroom. The property includes garages and is situated on a 5,500 square foot lot. The building has double pane windows, a newer roof, copper plumbing, and newer wall heaters. Laminate flooring is installed in all three kitchens. Units 1407 and 1409 feature kitchens with granite counters. The property is conveniently located near churches, grocery stores, parks, schools, freeways, and transportation options.

Key Highlights

  • Triplex property offers immediate rental income potential.
  • Newer roof ensures reduced maintenance costs.
  • Copper plumbing minimizes potential plumbing issues.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

917
Businesses Nearby

Demographics for 90744, CA

53,074
Population
15,536
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
62%
High-School Grad
8.9 sq mi
ZIP Area
5,963
Density / Sq Mi
$61,440
Median Household Income
$32,781
Median Earnings
$1,426
Median Rent
$596,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex in Wilmington, CA, featuring garages and updated interiors.
Where is this triplex located?
The property is located at 1405 North Lagoon Avenue Wilmington, CA.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Triplex property offers immediate rental income potential.; Newer roof ensures reduced maintenance costs.; Copper plumbing minimizes potential plumbing issues.
More about this property
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