632 N Wilmington Boulevard Wilmington, CA $ 1,585,000
632 N Wilmington Boulevard
$ 1,585,000
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632 N Wilmington Boulevard

Wilmington, CA, 90744
$ 1,585,000
Baths1.0 Sq 5,336

Monthly Estimate*

$ 10,008

Listed by The Realestate Group
632 N Wilmington Boulevard, Wilmington, CA 90744 - Image 1
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Studio

Multi-Family Home for sale in Wilmington, CA

for $1,585,000 with 1 full bath. This 5,336 square foot home was built in 1986 on a lot size of 0.1543.

This gorgeous property is every Investor's Dream . . . a well-maintained, quiet building with ultra-stable residents. Moreover, the building was built in 1986, and therefore, it is NOT subject to LA City Rent Control. This fantastic investment property consists of six (6) 2-bedroom apartment units and a total of thirteen (13) parking spaces, six of which are found in enclosed garages. The new roof was installed in 2024 and the building was freshly painted in June of 2026. Other features include entry gates and an on-site laundry room. Nestled squarely in the heart of Wilmington, the property is conveniently located close to shopping, restaurants, financial institutions, parks, places of worship, employment centers, and public transportation. Another feature is the upside potential with respect to the property's rental income; again, the building is NOT subject to LA City Rent Control.

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Multi-Family Active

Price

$ 1,585,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 5,247

Style

Lot Size

0.1543

Year Built

1986

Town/City

Wilmington

County/Region

Los Angeles

MLS | Web ID

SB26162903

Days on Market

5

Features
General
Sewer Unknown
Possession Close Of Escrow
Roof Shingle
Zoning LAR-3
HOA Fee 0
Garage Spaces 6
Architectural Style Traditional
Pool Features None
Construction Materials Stucco
Year Built 1986
Tenant Pays Cable TV Electricity Trash Collection Telephone
Stories Count 2
Levels Two
Property Subtype Mixed Use
Tax Year 2026
Gross Income 128172
Community Features Curbs Street Lights Sidewalks
County Los Angeles
Net Operating Income 87133
Operating Expense 41039
Insurance Expense 6167
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 900
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Just East of the Harbor Freeway and just south of Anaheim Street
City Wilmington
Entry Location Gate/Driveway
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 6
MLS Area 195 - West Wilmington
Lot Size Units Square Feet
Lot Size Square Feet 6722
Carport Spaces 4
Carport Y/N true
Listing Terms Cash Cash to New Loan Submit
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 5247
Current Financing None
Trash Expense 0
Water Sewer Expense 11755
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 4
Total Actual Rent 126516
Property Sub Type Additional Mixed Use
Taxes 18910
Cap Rate 5.05
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Wrought Iron
Parking Features Assigned Covered Carport Electric Gate Garage Faces Rear
Lot Features Rectangular Lot
Water Source Public
Total Parking 13
Lot Size Area 6722
Number of Buildings 1
Spa false
Building Area Total 5336
Lot Size Acres 0.1543
Road Surface Type Alley Paved Paved
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 0
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Road Frontage Type City Street
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* Excluded Features
List By
The Realestate Group

Broker

s.skorpanich@yahoo.com

Email

Affordability Calculator

$10,445
Per Month
96%
4%
0%
Monthly Principal & Interest
$10,008
Monthly Property Taxes
$437
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/27/2026$1,585,000 Listed Price

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632 N Wilmington Boulevard, Wilmington, CA, 90744 is a Multi-Family Home for sale at $1,585,000 with 5,336 sqft and a lot size of 0.1543. 632 N Wilmington Boulevard is a studio with 1.0 baths and was built in 1986. The property's zip code is 90744 which is in Wilmington, CA