Renovated Multifamily Property in
823 Lagoon, Wilmington, CA 90744
Call to check price and availability
Seven-unit multifamily property fully renovated in 2023.
Type:Multifamily
Property size:
5,301 SFLot size:
0.17 AcresPrice / SF:
$300/SF- Added:
- Jan 30, 2026
- Days on Market:
- 101
- Last Refresh:
- Mar 19 at 9:40 pm
Property Features for 823 Lagoon
General Information
- Standard status
- Active
- Size
- 5,301 SF
- Lot size
- 0.17 Acres
- Property subtype
- Multifamily
Listing agent Raymond A. Rodriguez IV License #CA 01402283
Listing office Lucrum Real Estate Group (818) 581-5829
Listing date Jan 30, 2026
Source Crexi
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 Lucrum Real Estate Group
HighLights
- Fully renovated in 2023 with remodeled interiors, new roof, new windows, landscaping, and exterior paint.
- Potential to add a 760 square‑foot ADU (architectural drawings completed, subject to approvals).
- Seven‑unit multifamily property with garage parking for seven vehicles.
- New electrical subpanels installed in May 2024.
- Units feature modern finishes, updated kitchens and bathrooms, new flooring, and wall‑mounted air conditioning.
- Convenient access to the 110 and 1 Freeways and proximity to Long Beach, San Pedro, and other South Bay cities.
Overview
Sapphire Crest is a fully renovated seven-unit multifamily property located in Wilmington, California. The two-story, garden-style building encompasses approximately 5,301 square feet on a 7,512 square-foot lot zoned LARD1.5. Originally constructed in 1965, the property underwent a comprehensive renovation in 2023, including remodeled interiors, a new roof, new windows, drought-tolerant landscaping, and a freshly painted exterior. In May 2024, all electrical subpanels were replaced. The apartment units feature modern finishes, updated kitchens and bathrooms, new flooring, wall-mounted air conditioning, and ample cabinet and storage space. The property is separately metered for gas and electricity and includes on-site laundry facilities and garage parking for seven vehicles. Architectural drawings have been completed for a potential approximately 760 square-foot two-bedroom, two-bath accessory dwelling unit (ADU), subject to buyer verification and applicable approvals. Sapphire Crest is located within an established residential pocket of Wilmington in Los Angeles County, offering convenient access to surrounding employment areas, coastal communities, and regional transportation corridors. The property is in proximity to Long Beach, San Pedro, Carson, Torrance, and Lakewood. The location provides efficient access to the 110 and 1 Freeways. Long Beach Harbor and the Queen Mary are approximately a 15-minute drive away.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- Los Angeles
- State
- California
- Longitude
- -118.26772
- Latitude
- 33.78043
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Seven-unit multifamily property fully renovated in 2023.
Where is this apartment building located?
The property is located at 823 Lagoon Wilmington, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Fully renovated in 2023 with remodeled interiors, new roof, new windows, landscaping, and exterior paint.; Potential to add a 760 square‑foot ADU (architectural drawings completed, subject to approvals).; Seven‑unit multifamily property with garage parking for seven vehicles.
