Trimark Realty
1207 Bay View primary photo
Active·Multi-Family (Duplex)

$689,000

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1207 Bay View, Wilmington CA 90744

4 beds2 baths1,633 sqft

Multi-Family (Duplex)

Property type

151 days

On market

$422

Price per sqft

0 cars

Garage

1914

Year built

6,649 sqft

Lot size

Open Houses

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Overview

This asset consists of two two-bed/one-bath single-family homes on one lot that also offers surface parking. The homes average over 800 square feet and offer tenants the feeling of single-family home living without single-family home pricing, driving rental demand. Both units are currently rented at less than half of market rates, making this offering an excellent value-add...

Listing provided by: Steven Bogoyevac DRE #01332755 562-257-1231, Steven M. Bogoyevac, Broker

Listing updated: Jun 4, 2026 at 05:08pm.

Last checked: Jun 4, 2026 at 05:30pm

Source: CRMLS #PW26001786

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
221$1,095$2,189$2,650Unfurnished
  • # of Buildings: 2

  • # of Units Total: 2

  • Separate Electric Meters: 2

  • Separate Gas Meters: 2

  • Separate Water Meters: 0

  • Rent Control: Yes

Financial Snapshot

Gross Rent Multiplier

26.2x

List Price / Annual Gross Rent

Cap Rate

1.03%

NOI / List Price

  • Gross Scheduled Income: $26,268

  • Operating Expense: $18,663

  • Net Operating Income: $7,079

Annual Operating Expenses

  • Electric: $0

  • Fuel: $0

  • Insurance: $0

  • Trash: $0

  • Water / Sewer: $0

Interior

  • Laundry: None

  • Entry Location: 1

Exterior

  • Property Attached: No

  • Stories Total: 1

  • Common Walls: No Common Walls

  • Lot Features: Rectangular Lot

  • Pool: None

  • Water Source: Public

  • Sewer: Public Sewer

Garage and Parking

  • Garage Spaces: 0

  • Uncovered Spaces: 4

  • Parking Total: 4

Lot Information

  • Land Lease: No

  • Common Interest: None

  • Parcel #: 7415009002

  • Additional Parcels: No

  • Tax Lot: 2

  • Tax Block: 14

Community

  • Senior Community: No

    • Community Features: Urban

    Nearby Schools

    Nearby schools around the 1207 Bay View, Wilmington, CA 90744. Contact the school or district directly to verify enrollment eligibility.

    Payment Calculator

    Total Principal

    $551,200

    Total Interest

    $703,025

    Total Payment

    $1,254,225

    Payoff Date

    Jun 2056

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    PMI is disabled automatically when your down payment is 20% or more.

    Est. Payment

    $4,352

    per month

    Principal
    $498
    Interest
    $2,986
    Property Tax
    $718
    Home Insurance
    $150
    PMI
    $0
    HOA
    $0

    Property History for 1207 Bay View

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    Wilmington Market Snapshot

    Market stats compare this property with recent MLS activity for similar property types in 90744.

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