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Sold for $800,000
    • Listed by: Alexander Real Estate • Percy Alexander • Contact: 310-325-5177
    Bought with: FAMILY REAL ESTATE NETWORK
    $800,000

    1328 N Fries Ave, Wilmington, CA 90744

    5beds
    4baths
    2,486sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $877,400 Zestimate®
    $322/sqft
    $2,740 Estimated rent

    Home value

    $877,400

    $807,000 - $956,000

    $2,740/mo

    Zestimate® history
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    $5,122/mo

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    What's special

    Close to schools
    This unique jewel is a first time on the market in 50 years! The 4 units consist of 3 stand alone one bedroom, 1 bath metered units. There is 1 two bedroom, 1 bath unit located over the garage in the rear of the property. The property is located close to schools and easy access to the freeways. Further, there is off-street parking. The present rents allow for some market adjustment to afford the new owner an opportunity to capture a reasonable return on the investment. This is a wonderful opportunity for someone seeking additional income at a low risk factor. The property is sold "as is." It will not last! Make your offer now!

    Zillow last checked:

    Listing updated:

    Listed by:

    Percy Alexander DRE #00846973 sagekai@aol.com,

    Alexander Real Estate

    Bought with:

    Leticia Rivera, DRE #01456353

    FAMILY REAL ESTATE NETWORK

    Source: CRMLS,MLS#: SB23105969MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Flooring: Carpet
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,486
    • Total interior livable area: 2,486 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Accessibility
    • Accessibility features: Parking
    Features
    • Entry location: ground
    • Pool features: None
    Lot
    • Size: 5,195 Square Feet
    • Features: Street Level
    Details
    • Parcel number: 7420006011
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Drywall
    • Foundation: Combination
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $322/sqft
    • Tax assessed value: $816,000
    • Annual tax amount: $10,188
    • Date on market: 6/15/2023
    • Cumulative days on market: 282 days
    • Listing terms: Cash to New Loan
    • Tenant pays: All Utilities, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/26/2024Sold$800,000-5.9%$322/sqft
    Source: CRMLS #SB23105969 Report a problem
    3/23/2024Pending sale$850,000$342/sqft
    Source: CRMLS #SB23105969 Report a problem
    10/6/2023Price change$850,000-5.6%$342/sqft
    Source: CRMLS #SB23105969 Report a problem
    8/6/2023Price change$900,000-5.3%$362/sqft
    Source: CRMLS #SB23105969 Report a problem
    6/28/2023Price change$950,000-4.9%$382/sqft
    Source: CRMLS #SB23105969 Report a problem
    6/16/2023Listed for sale$999,000$402/sqft
    Source: CRMLS #SB23105969 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,188 +632.6%$816,000 +945.5%
    2024$1,391 +1.4%$78,048 +2%
    2023$1,372 +3.8%$76,519 +2%
    2022$1,322 +2.2%$75,019 +2%
    2021$1,293 -0.4%$73,549 +1%
    2020$1,298 $72,796 +2%
    2019$1,298 +9.4%$71,370 +2%
    2018$1,187 $69,971 +2%
    2017$1,187 +1.9%$68,600 +2%
    2016$1,165 +4.9%$67,256 +1.5%
    2015$1,110 -1.7%$66,247 +2%
    2014$1,130 $64,950 +7.1%
    2008-- $60,622 +2%
    2007-- $59,435 +2%
    2006-- $58,271 +6%
    2003-- $54,983 +2%
    2002-- $53,906
    Find assessor info on the county website

    Neighborhood: Wilmington

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    Estimated market value
    $877,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $877,400

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