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Renovated-Unit Quadplex
New
For Sale
$915,000

1445 N Wilmington, Wilmington, CA 90744

Built in 1965, the property combines three occupied units with one fully renovated unit.

Property Size2,867 SF
Lot Size0.11 Acres
Days on Market3

Property Features for 1445 N Wilmington

General Information

Standard status Active
Size 2,867 SF
Net Rentable 2,867 SF
Lot size 0.11 Acres
Property subtype Investment
Occupancy 75%

Financials

Cap Rate 5.9%
Gross Rent Multiplier 11.63

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Highway Access Yes

Building Details

Building Size 2,867 SF
Year Built 1965
Units 4
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Brett Lyon · License #01717818
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 9 at 9:32AM

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 Lyon Stahl Investment Real Estate

Investment Insights

Based on property information with market context.

This quadplex contains four 2-Bedroom/1-Bath units totaling approximately 2,867 square feet of rentable building area on a 4,781-square-foot lot. Constructed in 1965, the property includes three units occupied by long-term tenants and one fully renovated unit. The offering reflects a 5.90% current CAP rate and an 11.63 current GRM, with pro forma figures of 11.43% CAP and 6.93 GRM.

The property is located in Wilmington near the Port of Los Angeles, Port of Long Beach, Harbor Freeway (110), and Pacific Coast Highway. Industrial, logistics, and employment centers are also identified in the surrounding area. WalkScore is 79, BikeScore is 75, and TransitScore is 48.

Key Highlights

  • Four 2‑Bedroom/1‑Bath units in a quadplex configuration
  • Approximately 2,867 square feet of rentable building area on a 4,781‑square‑foot lot
  • One unit has been fully renovated

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center HVAC Service Nail Salon

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

Lease Details

4
Residential units
75%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

606
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

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?
Quadplex - Built in 1965, the property combines three occupied units with one fully renovated unit.
Where is this quadplex located?
The property is located at 1445 N Wilmington Wilmington, CA.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Four 2‑Bedroom/1‑Bath units in a quadplex configuration; Approximately 2,867 square feet of rentable building area on a 4,781‑square‑foot lot; One unit has been fully renovated
More about this property
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