1041 Gulf Avenue, Wilmington, CA 90744
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1041 Gulf Avenue,Wilmington, CA 90744
$995,000
- 6 Beds
- 4 Baths
- 2,752 sq. ft.
- Multi-family
- Pending
Listed by: joshua cohen
Office: keller williams realty
MLS#:25609413
Source:CRMLS
Price summary
- Price:$995,000
- Price per sq. ft.:$361.56
About this home
This upgraded and well-maintained four-unit property is a terrific opportunity for both investors and owner-occupants seeking a clean, income-generating asset in a prime Los Angeles rental corridor. With thoughtful improvements and efficient utility setups, this property is designed to deliver strong returns and long-term value. Each unit is individually metered for gas and electricity, with tenants responsible for their own hot water and trash servicekeeping operating costs low and margins high. Additional RUBS income is collected from two tenants for common area utilities, adding to the property's revenue stream. Recent upgrades include newer fencing along the north side, replaced rear gates, and updated windows. The front one-bedroom, one-bath unit has been fully renovated with a brand-new kitchen and bathroom, offering modern appeal and turnkey readiness. Select units feature washer/dryer hookups, enhancing tenant convenience and rental desirability. The grounds are well-kept, with a manicured lawn that adds curb appeal and pride of ownership. One unit is currently vacant, making this an ideal scenario for an owner-user to occupy the property and potentially qualify for favorable residential financing. This flexibility adds significant value for buyers looking to offset housing costs while building equity through rental income.Located at 1041 Gulf Avenue in Wilmington, the property is just minutes from the Port of Los Angeles, the largest employer in the region, and offers quick access to the 110 Harbor Freeway for seamless commuting. The neighborhood boasts a Walk Score of 67, with nearby access to restaurants, grocery stores, schools, parks, and Harbor College. This location supports strong tenant demand and long-term stability.Whether you're expanding your portfolio or looking for a hybrid investment/homeownership opportunity, this property checks all the boxes.
Contact an agent
Home facts
- Year built:1961
- Listing ID #:25609413
- Added:113 day(s) ago
- Updated:February 10, 2026 at 08:36 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Living area:2,752 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1961
- Building area:2,752 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$361.56
New listings near 1041 Gulf Avenue
- New
$859,000Active4 beds 3 baths2,078 sq. ft.1127 Mcfarland, Wilmington, CA 90744
MLS# RS26031141Listed by: ENTRUST PARTNERS REALTY, INC. - Open Sat, 12 to 4pmNew
$745,000Active6 beds 3 baths2,240 sq. ft.1327 W F, Wilmington, CA 90744
MLS# DW26028774Listed by: REMAX SKY
$699,000Pending2 beds 2 baths1,008 sq. ft.1106 W Mauretania, Wilmington, CA 90744
MLS# CV26028297Listed by: ORTIZ HOMES- New
$590,000Active-- beds -- baths1607 Neptune, Wilmington, CA 90744
MLS# RS26025948Listed by: THE LIVINGSTON GROUP INC - Open Sat, 12 to 4pmNew
$405,000Active1 beds 1 baths849 sq. ft.25579 Pine Creek Lane, Wilmington, CA 90744
MLS# SB26024520Listed by: HOME TEAM REALTY - Open Sat, 12 to 4pmNew
$405,000Active1 beds 1 baths849 sq. ft.25579 Pine Creek Lane, Wilmington, CA 90744
MLS# SB26024520Listed by: HOME TEAM REALTY - New
$2,195,000Active22 beds 12 baths8,182 sq. ft.1001 & 1005 W G Street, Wilmington, CA 90744
MLS# 26646247Listed by: KELLER WILLIAMS REALTY
$899,000Active-- beds -- baths1118 Avalon, Wilmington, CA 90744
MLS# SR26018220Listed by: EQUITY UNION
$840,000Active4 beds 2 baths1,632 sq. ft.1422 E Mauretania Street, Wilmington, CA 90744
MLS# 239529Listed by: KW ASCEND
$1,650,000Active5 beds 4 baths823 Lagoon, Wilmington, CA 90744
MLS# SR26022311Listed by: EQUITY UNION