Excellent investment opportunity in the heart of Wilmington! This well-maintained four-unit property offers a total of 6 bedrooms and 4 bathrooms, providing strong income potential in a desirable rental market. Built in 1952, the property is conveniently located near the Port of Los Angeles, schools, shopping, dining, and major freeways, including the 110, for easy commuting. Whether you’re looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this versatile property offers outstanding potential
For sale
Listed by: The Standard Estates • Norma Gutierrez Lazaro • Contact: happyclient.happyrealtor@gmail.com
$1,099,000
623 Gulf Ave, Wilmington, CA 90744
6beds
4baths
2,568sqft
Quadruplex
Built in 1952
-- sqft lot
$-- Zestimate®
$428/sqft
$-- HOA
What's special
- 24 days
- 272
- 12
Zillow last checked:
Listing updated:
Listed by:
Norma Gutierrez Lazaro DRE #02045044 happyclient.happyrealtor@gmail.com,
The Standard Estates
Source: CRMLS,MLS#: DW26171425
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,568
- Total interior livable area: 2,568 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Entry location: down
- Pool features: None
Lot
- Size: 7,186 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7416017015
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Storm Drain(s)
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $428/sqft
- Tax assessed value: $1,040,400
- Date on market: 8/5/2026
- Cumulative days on market: 24 days
- Listing terms: Cash to New Loan,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,087/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $1,099,000+54.6%$428/sqft |
Source:  CRMLS #DW26171425 Report a problem | ||
| 8/31/2022 | Sold | $711,000+11.8%$277/sqft |
Source: Public Record Report a problem | ||
| 12/15/2015 | Sold | $635,920+29.3%$248/sqft |
Source: Public Record Report a problem | ||
| 1/14/2005 | Sold | $492,000+72.6%$192/sqft |
Source: Public Record Report a problem | ||
| 10/1/2002 | Sold | $285,000$111/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,040,400 +2% |
| 2025 | $12,693 +1.2% | $1,020,000 +2% |
| 2024 | $12,541 +18.2% | $1,000,000 +19.2% |
| 2023 | $10,607 +7% | $839,000 +32% |
| 2022 | $9,913 +26.4% | $635,842 +2% |
| 2021 | $7,844 -0.9% | $623,375 +1% |
| 2020 | $7,918 | $616,984 +2% |
| 2019 | $7,918 +5.8% | $604,887 +2% |
| 2018 | $7,486 | $593,028 +2% |
| 2017 | $7,486 +2.2% | $581,400 +2% |
| 2016 | $7,325 +2.5% | $570,000 -0.1% |
| 2015 | $7,144 -0.8% | $570,619 +2% |
| 2014 | $7,199 | $559,442 +2.5% |
| 2012 | -- | $545,995 +2% |
| 2011 | -- | $535,290 +0.8% |
| 2010 | -- | $531,290 -0.2% |
| 2009 | -- | $532,553 +2% |
| 2008 | -- | $522,112 +2% |
| 2007 | -- | $511,876 +2% |
| 2006 | -- | $501,840 +2.8% |
| 2005 | -- | $488,070 +68.1% |
| 2004 | -- | $290,320 +1.9% |
| 2003 | -- | $285,000 +147.9% |
| 2002 | -- | $114,972 +4% |
| 2000 | -- | $110,509 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Wilmington
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