Active

823 Lagoon

Wilmington, CA 90744

$1,595,000 $6,724/Mo

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Overview

Bed

Bath

5,301

Sqft

7,512

Sqft(Lot)

Description

Sapphire Crest is a fully renovated seven-unit multifamily property located at 823 Lagoon Avenue in Wilmington, California. The two-story, garden-style building encompasses approximately ±5,301 square feet on a ±7,512 square-foot LARD1.5-zoned lot. Originally constructed in 1965, the property underwent a comprehensive renovation in 2023, including remodeled interiors, a new roof, new windows, drought-tolerant landscaping, and a freshly painted exterior. In May 2024, all electrical subpanels were replaced, enhancing overall system functionality and building condition. The apartment units feature modern finishes, updated kitchens and bathrooms, new flooring, wall-mounted air conditioning, and ample cabinet and storage space. The property is separately metered for gas and electricity an d includes on-site laundry facilities and garage parking for seven vehicles. Architectural drawings have been completed for a potential approximately ±760 square-foot two-bedroom, two-bath accessory dwelling unit (ADU), subject to buyer verification and applicable approvals. Sapphire Crest is located within an established residential pocket of Wilmington in Los Angeles County, offering convenient access to surrounding employment areas, coastal communities, and regional transportation corridors. The property is in proximity to Long Beach, San Pedro, Carson, Torrance, and Lakewood. The location provides efficient access to the 110 and 1 Freeways, supporting connectivity throughout the South Bay and greater Los Angeles region. Long Beach Harbor and the Queen Mary are approximately a 15-minute drive. Nearby institutions such as Los Angeles Harbor College and Ken Malloy Harbor Regional Park contribute to the area’s residential character and community amenities. The immediate area offers walkable and bike-friendly access to nearby retail, dining, and everyday services. The combination of residential setting, access to transportation routes, and proximity to regional destinations supports continued residential use within this coastal submarket.

Property Details

Property Type : Residential Income

Price : $1,595,000

AD Id : 74774993

MLS Id : SR26022311

Lot Size : 7,512 Sqft

Living Area Size : 5,301

Year Built : 1965

Garage : 7

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer

Building Information

Year Built: 1965 Building Area Total: 5,301
Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1725
Lot Size Source: Public Records Lot Size Square Feet: 7512

Listing Price Information

Original List Price: 1,595,000 Listing Contract Date: 2026-01-30
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 7416025027

Garage and Parking

Garage Description: Garage

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: 195 - West Wilmington Postal Code Plus 4: 4532 Directions: 823 Lagoon Avenue Wilmington, CA 90744 Source Property Type: Residential Income Area: 195 - West Wilmington Property SubType: Apartment
Building and Construction

Property Age: 61 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
25579 Pine Creek Lane, Wilmington, CA, 90744	$405,000	1	1	849	849 SqFt
25613 Pine Creek, Wilmington, CA, 90744	$459,000	2	1	919	919 SqFt
25645 Pine Creek #28, Wilmington, CA, 90744	$645,000	3	3	1,331	1,331 SqFt
25523 Pine Creek Lane, Wilmington, CA, 90744	$475,000	2	1	1,170	1,170 SqFt
25603 Pine Creek Lane, Wilmington, CA, 90744	$510,000	2	1	919	919 SqFt
25391 Pine Creek Lane, Wilmington, CA, 90744	$425,900	2	1	1,170	1,170 SqFt

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ByOwner last updated this listing 06/05/2026 @ 07:26

MLS: SR26022311 LISTED BY: Raymond Rodriguez, Equity Union 805-892-8119 SOURCE: CRMLS