1445 N Wilmington
Wilmington, CA 90744
8
Bed
4
Bath
4,781Sqft(Lot)
1445 N. Wilmington Blvd presents the opportunity to acquire a well-located four-unit multifamily property in the heart of Wilmington. Built in 1965, the property consists of four spacious 2-Bedroom/1-Bath units totaling approximately 2,867 square feet of rentable building area situated on a 4,781-square-foot lot. Offered at a 5.90% current CAP rate and 11.63 current GRM, the property provides investors with exceptional value-add potential through rental repositioning. Three of the four units are occupied by long-term tenants paying substantially below-market rents, while one unit has been fully renovated, allowing a new owner to immediately lease the unit at market rent. Upon stabilization, the property is projected to achieve an impressive 11.43% pro forma CAP rate and 6.93 pro forma GRM.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1965Building Area Total: 2867Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 4781 Lot Size Acres: 0.1098 Lot Size Source: Assessor Lot Size Square Feet: 4,781 Lot Description: TwoToFiveUnitsAcre
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Listing Price Information
Listing Price: $915000Conventional
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Tax Information
Parcel Number: 7414025031 Tax Lot: 16 Tax Block: 8
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Virtual Tour
Parking Information
Parking Total: 7 None
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Location Information
Direction: On Wilmington Blvd in Wilmington WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1319 E Colon Street, Wilmington, CA, 90744 | $589,999 | 4 | 2 | 1,628 | 1,628 SqFt |
| 1323 E Robidoux, Wilmington, CA, 90744 | $650,000 | 3 | 2 | 1,178 | 1,178 SqFt |
| 1206 E Cruces, Wilmington, CA, 90744 | $645,000 | 3 | 1 | 1,200 | 1,200 SqFt |
| 1014 E O, Wilmington, CA, 90744 | $705,000 | 3 | 2 | 1,100 | 1,100 SqFt |
| 24412 Broad, Wilmington, CA, 90744 | $499,000 | 2 | 1 | 835 | 835 SqFt |
| 24524 S Avalon, Wilmington, CA, 90744 | $609,900 | 2 | 1 | 816 | 816 SqFt |
| 1502 Lakme Avenue, Wilmington, CA, 90744 | $650,000 | 3 | 1 | 783 | 783 SqFt |
| 947 Via Camino #11, Wilmington, CA, 90744 | $949,999 | 4 | 3 | 2,394 | 2,394 SqFt |
| 1654 N Marine, Wilmington, CA, 90744 | $649,950 | 3 | 1 | 1,090 | 1,090 SqFt |
| 943 Broad Avenue, Wilmington, CA, 90744 | $1,890,000 | 15 | 9 | 4,933 | 4,933 SqFt |
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ByOwner last updated this listing 08/20/2026 @ 19:44
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