RARE FINANCING OPPORTUNITY: Assumable 3.50% Conventional Mortgage!
Located within walking distance of the Wilmington Waterfront Park, this property features two homes on an oversized lot, making it ideal for either an owner-occupant seeking rental income or an investor looking for strong returns.
The Front House (614 Gulf Ave) features 2 bedrooms, 1 bathroom, a fenced front yard, a covered porch, and a detached one-car garage with an indoor laundry area.
The Back House (616 Gulf Ave) is nicely upgraded with 3 bedrooms and 2 bathrooms. It includes tile and laminate flooring, recessed lighting, ceiling fans, and a spacious living room. The kitchen features granite countertops and cherry-finished cabinets, and the indoor laundry area accommodates a full-sized washer and dryer.
Additionally, both homes include a private yard area and an extra parking pad outside of each one-car garage.
The property is conveniently located near parks, freeway access, shopping, and local eateries.
For sale
Listed by: Keller Williams Palos Verdes • Andrew Flores • Contact: 310-245-7894
$829,000
614 Gulf Ave, Wilmington, CA 90744
5beds
3baths
2,006sqft
Duplex
Built in 1922
-- sqft lot
$830,300 Zestimate®
$413/sqft
$-- HOA
What's special
- 52 days
- 405
- 26
Zillow last checked:
Listing updated:
Listed by:
Andrew Flores DRE #01237020 310-245-7894,
Keller Williams Palos Verdes
Source: CRMLS,MLS#: PV26180540
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Rooms
- Room types: Bedroom, Kitchen, Laundry, Living Room
Bedroom
- Features: All Bedrooms Down
Heating
- Wall Furnace
Appliances
- Laundry: Washer Hookup, Inside
Features
- Ceiling Fan(s), Granite Counters, Recessed Lighting, All Bedrooms Down
- Flooring: Carpet, Laminate, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,006
- Total interior livable area: 2,006 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Door-Single, Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,207 Square Feet
- Features: Back Yard, Corner Lot, Front Yard, Lawn, Near Park, Yard
Details
- Parcel number: 7416018009
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow,Craftsman
- Property subtype: Duplex
Materials
- Stucco
- Foundation: Raised, Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks, Park
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $413/sqft
- Tax assessed value: $645,884
- Date on market: 8/21/2026
- Cumulative days on market: 53 days
- Listing terms: Cash to New Loan,FHA,Submit
- Exclusions: tenants personal property
- Total actual rent: 4341
- Tenant pays: Cable TV, Electricity, Gas
Estimated market value
$830,300
$789,000 - $872,000
$2,677/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $829,000+41.7%$413/sqft |
Source: | ||
| 9/30/2020 | Sold | $585,000+1.7%$292/sqft |
Source: | ||
| 8/26/2020 | Pending sale | $575,000$287/sqft |
Source: American Classic Realty #OC20060930 Report a problem | ||
| 8/16/2020 | Listed for sale | $575,000+118.6%$287/sqft |
Source: American Classic Realty #OC20060930 Report a problem | ||
| 9/3/2014 | Sold | $263,000$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $645,884 +2% |
| 2025 | $7,957 +1.3% | $633,221 +2% |
| 2024 | $7,857 +1.9% | $620,806 +2% |
| 2023 | $7,709 +4.8% | $608,634 +2% |
| 2022 | $7,357 +1.3% | $596,700 +2% |
| 2021 | $7,262 +3.7% | $585,000 +6.1% |
| 2020 | $7,001 | $551,412 +2% |
| 2019 | $7,001 +6% | $540,600 +2% |
| 2018 | $6,603 | $530,000 +17.8% |
| 2017 | $6,603 +17.3% | $450,000 +68.5% |
| 2016 | $5,629 +64.9% | $267,010 +1.5% |
| 2015 | $3,413 +59.8% | $263,000 +69.6% |
| 2014 | $2,136 | $155,054 +4.5% |
| 2011 | -- | $148,363 +0.8% |
| 2010 | -- | $147,255 -0.2% |
| 2009 | -- | $147,606 +2% |
| 2008 | -- | $144,713 +4% |
| 2006 | -- | $139,095 |
| 2005 | -- | $139,095 +4% |
| 2004 | -- | $133,696 +3.9% |
| 2002 | -- | $128,675 +4% |
| 2000 | -- | $123,681 |
Find assessor info on the county website
Monthly payment
Est. payment




