1341 Fries, Wilmington, CA 90744

Wilmington
Local realty services provided by:ERA North Orange County Real Estate
1341 Fries,Wilmington, CA 90744
$760,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: janeth pazmino
Office: keller williams sela
MLS#:DW26034349
Source:CAREIL

Price summary

  • Price:$760,000

About this home

Value-Add Triplex Opportunity in West Wilmington Rare opportunity to acquire a true income-producing triplex featuring three separate units: two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, each with private entrances and individual yard space a configuration desirable for long-term rental stability. Property is currently subject to the City of Los Angeles LAHD REAP program and is expected to be removed from REAP at the close of escrow. Seller reports approximately $40,000 invested in recent repairs, with substantial corrective work completed. Per seller, most items have been addressed, with remaining corrections pending in Unit 1343. Current rental income reflects REAP-adjusted amounts. Projected gross rental income upon removal from REAP is approximately $3,346.81 per month, offering long-term upside potential for rental optimization and income growth. Strategically located near Pacific Coast Highway, the 110 Freeway, schools, shopping, and major employment...

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Home facts

  • Year built:1929
  • Listing ID #:DW26034349
  • Added:87 day(s) ago
  • Updated:March 06, 2026 at 05:31 PM

Heating and cooling

  • Cooling:Window/Wall Unit
  • Heating:Gravity, Wall Furnace

Structure and exterior

  • Year built:1929
  • Lot area:0.17 Acres
  • Lot Features:Level, Mid Block
  • Architectural Style:Spanish, Traditional
  • Foundation Description:Concrete Perimeter, Raised
  • Levels:1 Story

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$760,000

Features and amenities

  • Laundry features:Gas Hook-up, Laundry Area
  • Amenities:Double Pane Window(s), Window Covering(s)

Parking

  • Parking description:Common Garage, Other, Uncovered Parking
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