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Four-Unit Quadplex
New
For Sale
$1,099,000

623 Gulf Ave, Wilmington, CA 90744

Multifamily property near the Port of Los Angeles, schools, shopping, dining, and major freeway connections.

Property Size2,568 SF
Days on Market3

Property Features for 623 Gulf Ave

General Information

Standard status Active
Size 2,568 SF
Property subtype Investment

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 4

Building Details

Building Size 2,568 SF
Year Built 1952
Units 4
Listing Agency:
Listed By: Norma Gutierrez Lazaro
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 9 at 10:10AM

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 Norma Gutierrez Lazaro

Investment Insights

Based on property information with market context.

This quadplex contains four residential units with a combined six bedrooms and four bathrooms. The property was built in 1952 and is classified as a multifamily residential income property.

Located at 623 Gulf Ave in Wilmington, California, the property is near the Port of Los Angeles, schools, shopping, dining, and major freeways, including the 110. Walk Score is 87, Bike Score is 89, and Transit Score is 39, reflecting walkable and bike-friendly access with some public transportation service.

Key Highlights

  • Four‑unit quadplex with 6 bedrooms and 4 bathrooms
  • Built in 1952
  • Located at 623 Gulf Ave, Wilmington, CA 90744

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Garden Center Electrical Service Law Firm Catering Service HVAC Service

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

809
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 - Multifamily property near the Port of Los Angeles, schools, shopping, dining, and major freeway connections.
Where is this quadplex located?
The property is located at 623 Gulf Ave Wilmington, CA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Four‑unit quadplex with 6 bedrooms and 4 bathrooms; Built in 1952; Located at 623 Gulf Ave, Wilmington, CA 90744
More about this property
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