1147 N Marine Ave, Wilmington, CA 90744
SOLDMAR 21, 2024
Listed by Evelyn Baez Gonzalez, Lyon Stahl Investment Real Estate, Inc., (310) 425-9838 . Bought with Four Points Realty

1147 N Marine Ave
Wilmington, CA 90744

Wilmington
  • 4 Beds
  • 4 Baths
  • 2,400 sqft
  • 4 Beds
  • 4 Baths
  • 2,400 sqft

$785,000

Last Sold: Mar 21, 2024
1% over list $775K
$327/sqft
Est. Refi. Payment $5,080/mo*
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Homes for Sale Near 1147 N Marine Ave

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Local Information

map showing home location
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Commute Destination

Description

This property is no longer available to rent or to buy. This description is from March 21, 2024
We are pleased to present this 4 unit apartment community located in the heart of Wilmington. The offering consists of (4) 1 Bed / 1 Bath units. Each apartment unit includes a washer/dryer hookup and brand new water heaters as of Feb 2024. In total, the buildings sit on a 6,697 sq ft lot and feature 4 single car garages. Tenants pay for electricity and gas. There is ONE water meter and 4 electrical panels and 4 gas meters. There is rental upside potential to a 8.71% Pro-Forma Cap Rate & 8.10 Pro-Forma GRM. There is a 648 sq ft garage in the back with RTI plans for (2) ADUs consisting of 1+1. Plans are fully approved and are ready for construction! This could ultimately be converted into a 6 unit apartment building. Property can be financed through a residential loan.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$327/sqft
Listed
40 days ago

Home Details for 1147 N Marine Ave

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Appliances & Utilities
Utilities: Water AvailableAppliances: NoneLaundry: Inside
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Gas & Electric
Electric: StandardNo Electric on Property
Windows, Doors, Floors & Walls
Flooring: CarpetCommon Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: 2Floors: Carpet
View
No ViewView: None

Exterior Features

Exterior Home Features
Roof: NoneFencing: NoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageParking Spaces: 4Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Residential IncomeProperty Subtype: QuadruplexArchitecture: Colonial
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 7420020018

Price & Status

Price
List Price: $775,000Price Per Sqft: $327/sqft
Status Change & Dates
Off Market Date: Sat Mar 09 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Wilmington

Building

Building Area
Building Area: 2400 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLSNo HOA

Lot Information

Lot Area: 6699 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Down Payment Resource

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Cable TV, Electricity

Rental

Has Rent Control

Miscellaneous

Mls Number: SB24030389Attribution Contact: 951-902-3006

Additional Information

Sidewalks
Last check for updates: about 14 hours ago
Listed by Evelyn Baez Gonzalez DRE #02103055, (951) 902-3006
Lyon Stahl Investment Real Estate, Inc.
Bought with: Mirian Duenas DRE #01238468, (310) 937-1579, Four Points Realty
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB24030389

Price History for 1147 N Marine Ave

DatePriceEventSource
03/21/2024$785,000Sold
CRMLS #SB24030389
03/09/2024$775,000PendingCRMLS #SB24030389
02/22/2024$775,000ContingentCRMLS #SB24030389
02/13/2024$775,000Listed For SaleCRMLS #SB24030389
03/29/2023$600,000Sold
N/A
03/02/2023$625,000PendingCLAW #23-245328
02/27/2023$625,000Listed For SaleCLAW #23-245328

Property Taxes and Assessment

Year2023
Tax$1,183
Assessment$55,788
Home facts updated by county records

Comparable Sales for 1147 N Marine Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
504 W L St, Wilmington, CA
0.20
Multi-Family Home
$1,050,000
01/19/24
5
4
2,253
1042 N Avalon Blvd, Wilmington, CA
0.17
Multi-Family Home
$700,000
05/24/23
4
4
3,660
1310 N Marine Ave, Wilmington, CA
0.22
Multi-Family Home
$910,000
03/04/24
7
4
3,908
1118 N Avalon Blvd, Wilmington, CA
0.12
Multi-Family Home
$826,000
11/08/23
8
4
4,928
1042 N Banning Blvd #4, Wilmington, CA
0.40
Multi-Family Home
$600,000
07/28/23
4
4
1,800
824 Lagoon Ave, Wilmington, CA
0.42
Multi-Family Home
$805,000
05/25/23
6
4
1,891
1411 Lagoon Ave, Wilmington, CA
0.42
Multi-Family Home
$780,000
08/01/23
3
2
1,536

Assigned Schools

These are the assigned schools for 1147 N Marine Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

Wilmington
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Wilmington

  • Vanessa Dunn
    "There aren’t any events that make it special. The people who live here do not take care of their hometown. "
    0
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  • Trulia User
    "Quiet neighborhood, safe to walk your dog. Don’t see status or anything that can endanger a dog. Nearby parks."
    1
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  • Trulia User
    "there are many families of different races and everybody looks out for each other and it's great location"
    0
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  • Trulia User
    "Personally I see a lot of neighbors walk their dogs every day around this neighborhood and I have never seen neighbors let their dog do their thing on my grass my dogs and their dogs bark sometimes but not every time they pass by It’s that type of respect level we have here in this neighborhood"
    0
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  • Trulia User
    "It’s close to the ocean and potentially beautiful. However the class of people destroy it. We need more respectful people here."
    5
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  • Trulia User
    "Dog friendly neighborhood in all the residential streets. No trees or lawns on the Main streets so not the best place to walk your dog. "
    0
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  • Edgar F.
    " we don't like the fact that there's a lot of homeless people 😕 Wilmington needs to do something about it! "
    0
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  • P_alvarez_01
    "Bicycle events and holiday parades. Tree lighting ceremony in December for Christmas. They provide a lot of free food programs."
    1
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  • Monique052813
    "My neighborhood is the best, it has schools, industrial, freeways, trains, refineries near by and I can go for walks anytime 😊 "
    0
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  • Jorge R.
    "4th of july is always very memorable. you wont see another firework show like the one you see in wilmington california."
    1
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  • Francisca D. G.
    "Main streets are lit but many small streets are very dark, many attractions are within walking distance but make sure to keep track of time. Many families live in the area but big rigs are always passing through and there's a large homeless population. Ba aware and stay safe."
    1
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  • Francisca D. G.
    "The neighborhood is calm outside of the big streets. Nearing the 4th of July, the streets can get very loud at night... it might not be many but the fireworks that go off can be vary loud."
    0
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  • Ec1love.ec
    "This is the city I grew up in. The city has its good and bad side just like any other neighborhood. "
    4
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  • Blissful78
    "Schools here are LAUSD and are over crowded. I have an infant right now and do not plan on letting him go to the schools in this area unless major changes are made. I feel if more hard working and respectful people move into this area/neighborhood then this can be accomplished. Lots are big and houses are nice, community just needs to start demanding more from its resources like the other surrounding areas like PV, Carson, harbor city, etc."
    1
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  • Trulia User
    "I have lived here for nearly 10 years and the neighborhood has relatively low crime, is quiet, and mostly people mind their business. "
    5
    Flag
  • Carmen R.
    "You see a lot of people walking their dogs in the neighborhood. Not all dog owners pickup their dog poop."
    0
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  • Leo M.
    "Traffic is ok because it’s sooo industrial. Who will choose to live here? There is also a homeless issue. That needs to be address. "
    2
    Flag
  • Patricia G.
    "2020 everything’s its to expensive a lot of homeless people and druggies everywhere not a god place to live no more "
    2
    Flag
  • Patricia G.
    "Well is going bad a lot of shooting and a lot of homeless and a lot of stealing in the area not a lot of police "
    2
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  • Vsh V.
    "There’s many schools around us, many parks to check out. Lots of food places which i love, a liquor store in almost every corner, gas stations every where. It’s very convenient having a lot of stores like markets near by. "
    0
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  • Ernesto W.
    "I am a licensed driver but I stay off the road unless I really need to drive. I hate driving in Wilmington. Many accidents near my intersection. "
    0
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  • Jonr198247
    "They like it very dog friendly a lot of people’s with dog at park just keep him on a leash when outside"
    0
    Flag
  • Jeannette G.
    "The waterfront park activities are great especially around the holidays ! It’s a fun way for the kids to get into the holiday spirit ! I love seeing my kids smile and play with other little kids "
    1
    Flag
  • Edervalenc1313
    "Banning museum,,drum barracks ext.This are really kool places too visit, we also have many more to look at it's the Harbor Area what u expect ♤ ☆ ♧"
    0
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  • Jackiesantana099
    "The neighbor is not that bad as it sounds. There may be more than a few homeless hanging around. It’s a very busy city but yet we’re very involved in the community, I personally don’t feel comfortable walking around once the sun starts setting. "
    0
    Flag
  • Osvaldo N.
    "We have everything restaurant markets auto parts community park church business center in small town "
    0
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  • Miss M.
    "There are festivals/carnivals throughout the year on holidays. The schools are literally within walking distance for all kids. "
    0
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  • Aaliyahaballesteros1031
    "Kids normally skate around the neighborhood but it’s always good to let you kids know to be aware of their surrounding "
    0
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  • Jessica C.
    "All the elementary schools around the area. The easy accessible grocery stores and restaurants. Banning park is nice too. "
    3
    Flag
  • Licha 1.
    "It’s not very safe around the areas at night. A lot goes on even during the day which is very scary & specially when small children are around you just don’t know what is going to happen. "
    1
    Flag
  • Heathertafaoimalo
    "I've lived here for three years now and the area sucks and expensive to rent for a junkie area so that is why I'm moving within the next 6-8months. "
    30
    Flag
  • Tmizzle710
    "To make sure their kids are safe and well taken care of. To be friendly courteous and respectful. To lead by example and teach their kids how to be independent by teaching them how to cook clean and understand the value of a dollar and what it means to work and earn your own way of living. "
    0
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  • Patty
    "Love Wilmington the best city wonderful city a lot of activity in this city would recommend it love the people and there Hispanic culture "
    10
    Flag
  • Steven66torres
    "I love living a block away from the park. I walk my dogs every day, sometimes with the baby too. My only complaints are people that let their dogs walk off leash and/or don’t pick up after their dogs. But that happens everywhere..."
    0
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  • Srcassick2013
    "Unfriendly neighborhood. Want to move ASAP. Staying with family friend and this is not a kid friendly neighborhood. Lots of gang activity."
    1
    Flag

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 1147 N Marine Ave

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Off Market Homes Near 1147 N Marine Ave

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1147 N Marine Ave, Wilmington, CA 90744 is a 4 bedroom, 4 bathroom, 2,400 sqft multi-family built in 1923. 1147 N Marine Ave is located in Wilmington, Wilmington. This property is not currently available for sale. 1147 N Marine Ave was last sold on Mar 21, 2024 for $785,000 (1% higher than the asking price of $775,000). The current Trulia Estimate for 1147 N Marine Ave is $775,400.