720 King Wilmington, CA ^$ 1,100,000

720 King

^$ 1,100,000

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Recently Listed

720 King

Wilmington, CA, 90744

^$ 1,100,000

Studio Baths1.0 Sq 2,288

Monthly Estimate*

^$ 6,773

Listed by Lyon Stahl Investment Real Estate, Inc.

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Studio

Multi-Family Home for sale in Wilmington, CA

for $1,100,000 with 1 full bath. This 2,288 square foot home was built in 1924 on a lot size of 0.2575.

ADU Development Opportunity – 2plex + 3plex on Adjacent Lots ***Rare opportunity to acquire two properties on two side-by-side APNs with a combined lot size of 11,218 SF zoned LARD1.5, offering significant ADU expansion potential. The site configuration and zoning present the possibility to develop 7+ additional ADUs (buyer to verify with city), making this an attractive value-add and long-term unit expansion play. ***The property currently consists of total 5 units. 2 units are vacant, in rent-ready condition, allowing a buyer to lease at market rents while planning future development. Current rents are $1,424, $915, and $688, with additional income from on-site laundry. Investors benefit from existing cash flow while unlocking substantial upside through ADU development, a rare opportunity to significantly increase density and rental income on a large multifamily lot.

Multi-Family Active

Price

^$ 1,100,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2575

Year Built

1924

Town/City

Wilmington

County/Region

Los Angeles

MLS | Web ID

SB26048458

Days on Market

Features

General

Sewer Public Sewer

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1924

Tenant Pays Electricity Gas

Stories Count 1

Levels One

Property Subtype Triplex

Gross Income 96324

Community Features Street Lights Urban

Additional Parcels Description 7416012007

County Los Angeles

Net Operating Income 68624

Operating Expense 93434

Insurance Expense 2860

New Construction false

Property Type Residential Income

HOA false

MaintenanceExpense 3000

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions South of Anaheim St

City Wilmington

Entry Location 1

Senior Community Y/N false

Number Of Units Total 5

MLS Area 195 - West Wilmington

Lot Size Units Square Feet

Lot Size Square Feet 11218

Number of Units Leased 3

Listing Terms Cash to New Loan

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 4000

Additional Parcels Y/N true

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 13

Property Sub Type Additional Triplex

Expected Active Date 2026-03-10

Taxes 13750

Interior

Total Stories 1

Common Walls No Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features Rectangular Lot Walkstreet

Water Source Public

Total Parking 0

Lot Size Area 11218

Number of Buildings 7

Building Area Total 2288

Lot Size Acres 0.2575

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

olga@lyonstahl.com

Affordability Calculator

$6,773

Per Month

Monthly Principal & Interest: $6,773
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Wilmington, CA

Average List Price ^$1,080,646

Percent of Sale Price 2%

About Wilmington, CA

54,295 Population

4% Since 2002

^$43,549 Median Income

31.8 Median Age

44% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/10/2026	$1,100,000		Listed Price

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720 King, Wilmington, CA, 90744 is a Multi-Family Home for sale at $1,100,000 with 2,288 sqft and a lot size of 0.2575. 720 King is a studio with 1.0 baths and was built in 1924. The property's zip code is 90744 which is in Wilmington, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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720 King

Multi-Family Home for sale in Wilmington, CA

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