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Sold for $880,000
    • Listed by: CENTURY 21 REALTY MASTERS • ERIK RUIZ • Contact: 323-490-9434
    Bought with: Lyon Stahl Investment Real Est
    $880,000

    902 Island Ave, Wilmington, CA 90744

    8beds
    5baths
    2,936sqft
    Quadruplex
    Built in 1953
    -- sqft lot
    $879,900 Zestimate®
    $300/sqft
    $2,328 Estimated rent

    Home value

    $879,900

    $801,000 - $968,000

    $2,328/mo

    Zestimate® history
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    What's special

    Presenting an excellent investment opportunity near the Los Angeles Harbor! This well-maintained four-unit property is conveniently located in a thriving neighborhood, offering easy access to both the coast and the city. Each of the four units features a spacious 2-bedroom, 1-bath layout, ideal for tenants seeking comfort and convenience. A rare advantage of this property is that each unit has its own water meter, allowing tenants to pay all utilities—a feature uncommon in multi-unit properties and a significant benefit for investors. Residents will enjoy proximity to a wealth of local amenities, including: *Los Angeles Harbor and waterfront attractions *Cabrillo Beach *Point Fermin Park *San Pedro Fish Market *Shopping centers, grocery stores, and diverse dining options. *Parks, bike paths, and recreation areas *Convenient public transportation access *Quality local schools. This property is competitively priced in a neighborhood with strong appreciation potential. Whether you're seeking to expand your portfolio or live in one unit while leasing the others, this fourplex is a great find in a sought-after Los Angeles location.

    Zillow last checked:

    Listing updated:

    Listed by:

    ERIK RUIZ DRE #01916546 323-490-9434,

    CENTURY 21 REALTY MASTERS

    Bought with:

    Boris Almengor, DRE #02092597

    Lyon Stahl Investment Real Est

    Source: CRMLS,MLS#: MB26095096MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Appliances
    • Laundry: Outside
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,936
    • Total interior livable area: 2,936 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Covered, Door-Multi, Direct Access, Driveway, Garage, On Site, Off Street, Paved, Private, One Space
    • Garage spaces: 3
    • Uncovered spaces: 5
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 0
    • Pool features: None
    Lot
    • Size: 7,502 Square Feet
    • Features: 0-1 Unit/Acre, Corner Lot
    Details
    • Parcel number: 7416031029
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Raised
    Condition
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Dog Park, Golf, Park, Storm Drain(s), Street Lights, Sidewalks, Urban
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $300/sqft
    • Tax assessed value: $714,000
    • Date on market: 5/5/2026
    • Cumulative days on market: 22 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae,Freddie Mac,Submit,VA Loan
    • Total actual rent: 2970
    • Tenant pays: All Utilities
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/17/2026Sold$880,000+3.7%$300/sqft
    Source: CRMLS #MB26095096 Report a problem
    5/29/2026Pending sale$849,000$289/sqft
    Source: CRMLS #MB26095096 Report a problem
    5/5/2026Listed for sale$849,000+21.3%$289/sqft
    Source: CRMLS #MB26095096 Report a problem
    11/20/2024Sold$700,000-6.7%$238/sqft
    Source: CRMLS #SB24144986 Report a problem
    9/17/2024Pending sale$750,000$255/sqft
    Source: CRMLS #SB24144986 Report a problem
    8/8/2024Price change$750,000-7.4%$255/sqft
    Source: CRMLS #SB24144986 Report a problem
    7/15/2024Listed for sale$810,000$276/sqft
    Source: CRMLS #SB24144986 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $714,000 +2%
    2025$8,980 +320%$700,000 +452.4%
    2024$2,138 +1.4%$126,722 +2%
    2023$2,108 +3.8%$124,238 +2%
    2022$2,030 +1.9%$121,803 +2%
    2021$1,992 -0.5%$119,416 +1%
    2020$2,002 $118,192 +2%
    2019$2,002 +11.3%$115,876 +2%
    2018$1,798 $113,605 +2%
    2017$1,798 +1.9%$111,379 +2%
    2016$1,765 +4.2%$109,196 +1.5%
    2015$1,694 -0.9%$107,557 +2%
    2014$1,708 $105,451 +4.5%
    2011-- $100,902 +0.8%
    2010-- $100,149 -0.2%
    2009-- $100,388 +2%
    2008-- $98,420 +4%
    2006-- $94,600
    2005-- $94,600 +6%
    2003-- $89,263 +2%
    2002-- $87,513 +4%
    2000-- $84,116
    Find assessor info on the county website

    Neighborhood: Wilmington

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    Estimated market value
    $879,900
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    Estimated market value
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