$949,500
-$20,500817 N Gulf Avenue, Wilmington CA 90744
Multi-Family (Duplex)
Property type
71 days
On market
$567
Price per sqft
1 car
Garage
1925
Year built
7,583 sqft
Lot size
Home highlights
Open Houses
Overview
Both units will be delivered vacant at the close of escrow! Welcome to a standout investment opportunity in the heart of West Wilmington. Situated on a generous 7,583 sq ft lot with LARD1.5 zoning, this property includes two recently remodeled homes and offers significant open space, providing the ideal setup to add up to three additional units. This property is perfect for...
Listing provided by: Danielle Whitney Moore DRE #01715547 310-987-9103, Keller Williams Realty, Lauren Yi DRE #02100328 310-940-0382, Keller Williams Realty
Listing updated: Jun 2, 2026 at 08:08pm.
Last checked: Jun 4, 2026 at 03:31am
Source: CRMLS #SB26060212
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $0 | $0 | $2,800 | Unfurnished |
| 1 | 3 | 2 | — | $0 | $0 | $3,000 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Carpet: 2
Refrigerator: 2
Rent Control: Yes
Units Leased: 1
Total Actual Rent: $2,724
Tenant Pays: Cable Tv, Electricity, Gas, Sewer, Trash Collection
Financial Snapshot
Gross Rent Multiplier
13.6x
List Price / Annual Gross Rent
Cap Rate
7.02%
NOI / List Price
Gross Scheduled Income: $69,600
Operating Expense: $0
Net Operating Income: $66,625
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $1,372
Trash: $0
Water / Sewer: $1,603
Interior
Interior Features: Built In Features, Ceiling Fans, Recessed Lighting, Unfurnished, All Bedrooms Down, Primary Suite
Room Type: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Flooring: Carpet, Vinyl
Heating: Wall Furnace
Appliances: Refrigerator
Fireplace: None
Laundry: Washer Hookup, Gas Dryer Hookup, Inside, In Kitchen
Accessibility: No Stairs, Parking
Entry Location: Street
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Property Condition: Updated Remodeled
Common Walls: No Common Walls
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Back Yard, Front Yard, Rectangular Lot, Sprinkler System
Pool: None
Spa: None
Fencing: Chain Link
Water Source: Public
Sewer: Public Sewer
Electric: Electricity On Property
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View: Neighborhood
Road Frontage Type: Alley, City Street
Road Surface Type: Alley Paved, Paved
Other Structures: Two On Alot
Garage and Parking
Parking: Driveway, Gated, Garage Faces Side
Garage Spaces: 1
Uncovered Spaces: 1
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7416013027
Additional Parcels: No
Tax Lot: 12
Zoning: LARD 1.5
Tax Block: D
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Curbs, Street Lights, Sidewalks, Urban
Nearby Schools
Nearby schools around the 817 N Gulf Avenue, Wilmington, CA 90744. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$759,600
Total Interest
$968,828
Total Payment
$1,728,428
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,940
per month
Property History for 817 N Gulf Avenue
Wilmington Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90744.
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