$849,000
123 E I Street, Wilmington CA 90744
Multi-Family (Fourplex)
Property type
8 days
On market
$254
Price per sqft
0 cars
Garage
1973
Year built
6,023 sqft
Lot size
Home highlights
Open Houses
Overview
Excellent owner-user or investment opportunity in the heart of Wilmington featuring a 4-unit property comprised of spacious 2-bedroom, 1-bath units with 8 rear parking spaces a rare and valuable feature in the area. Ideal for a buyer looking to occupy one unit while generating rental income from the remaining units. Located just minutes from the rapidly transforming Port...
Listing provided by: Vickie McShane DRE #01293999 310-514-0118, Coastal Financial & Realty, Inc
Listing updated: May 29, 2026 at 01:28pm.
Last checked: Jun 2, 2026 at 11:00am
Source: CRMLS #SB26111113
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,534 | $1,534 | $0 | Unfurnished |
| 1 | 2 | 1 | — | $927 | $927 | $0 | Unfurnished |
| 1 | 2 | 1 | — | $1,378 | $1,378 | $0 | Unfurnished |
| 1 | 2 | 1 | — | $1,534 | $1,534 | $0 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 0
Ranges: 4
Refrigerator: 4
Rent Control: Yes
Total Actual Rent: $5,374
Tenant Pays: Gas
Financial Snapshot
Gross Rent Multiplier
13.2x
List Price / Annual Gross Rent
Cap Rate
6.06%
NOI / List Price
Gross Scheduled Income: $64,488
Operating Expense: $13,000
Net Operating Income: $51,488
Annual Operating Expenses
Electric: $1,200
Insurance: $1,000
Licenses: $800
New Taxes: $10,612
Trash: $1,200
Water / Sewer: $10,800
Interior
Interior Features: Tile Counters, All Bedrooms Down
Room Type: Bedroom
Flooring: Laminate, Tile
Cooling: None
Heating: Wall Furnace
Appliances: Gas Oven, Gas Range, Refrigerator
Fireplace: None
Laundry: Common Area
Accessibility: Parking
Entry Location: 1
Exterior
Architectural Style: Traditional
Property Attached: Yes
Stories Total: 2
Levels: Two
Door Features: Sliding Doors
Foundation: Raised
Construction Materials: Stucco
Property Condition: Repairs Cosmetic
Common Walls: One Common Wall
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Two To Five Units Acre
Pool: None
Spa: None
Fencing: Wrought Iron
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View: City Lights
Road Frontage Type: City Street
Road Surface Type: Alley Paved
Garage and Parking
Parking: On Site, Paved, Tandem, Uncovered
Garage Spaces: 0
Uncovered Spaces: 8
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7423005014
Tax Lot: 16
Zoning: LAC2
Tax Block: C
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Storm Drains, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 123 E I Street, Wilmington, CA 90744. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$679,200
Total Interest
$866,282
Total Payment
$1,545,482
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,327
per month
Property History for 123 E I Street
Wilmington Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90744.
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