Value-Add Triplex Opportunity in West Wilmington
Rare opportunity to acquire a true income-producing triplex featuring three separate units: two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, each with private entrances and individual yard space a configuration desirable for long-term rental stability.
Property is currently subject to the City of Los Angeles LAHD REAP program and is expected to be removed from REAP at the close of escrow. Seller reports approximately $40,000 invested in recent repairs, with substantial corrective work completed. Per seller, most items have been addressed, with remaining corrections pending in Unit 1343.
Current rental income reflects REAP-adjusted amounts. Projected gross rental income upon removal from REAP is approximately $3,346.81 per month, offering long-term upside potential for rental optimization and income growth.
Strategically located near Pacific Coast Highway, the 110 Freeway, schools, shopping, and major employment centers within a high-demand rental corridor.
Rare opportunity to acquire a true income-producing triplex featuring three separate units: two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, each with private entrances and individual yard space a configuration desirable for long-term rental stability.
Property is currently subject to the City of Los Angeles LAHD REAP program and is expected to be removed from REAP at the close of escrow. Seller reports approximately $40,000 invested in recent repairs, with substantial corrective work completed. Per seller, most items have been addressed, with remaining corrections pending in Unit 1343.
Current rental income reflects REAP-adjusted amounts. Projected gross rental income upon removal from REAP is approximately $3,346.81 per month, offering long-term upside potential for rental optimization and income growth.
Strategically located near Pacific Coast Highway, the 110 Freeway, schools, shopping, and major employment centers within a high-demand rental corridor.
Property Details
Price:
$760,000
MLS #:
DW26034349
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
195westwilmington
Listed Date:
Feb 14, 2026
Total Sq Ft:
2,192
Lot Size:
7,295 sqft / 0.17 acres (approx)
Year Built:
1929
See this Listing
Schools
Interior
Cooling
WW
Heating
GH, WL
Laundry Features
AR, GAS, OUT, WH
Exterior
Architectural Style
SPN, TRD
Community Features
SDW, SL, URB, CRB
Construction Materials
STC, FRM, PLS
Exterior Features
LIT, RG
Other Structures
TL
Parking Spots
2
Roof
NON
Security Features
EXL, SD, WB, COD
Financial
Taxes
$10,375
Map
Community
- Address1341 N Fries Wilmington CA
- CityWilmington
- CountyLos Angeles
- Zip Code90744
Market Summary
Current real estate data for Single Family in Wilmington as of Mar 15, 2026
47
Single Family Listed
86
Avg DOM
404
Avg $ / SqFt
$754,822
Avg List Price
Property Summary
- 1341 N Fries Wilmington CA is a Single Family for sale in Wilmington, CA, 90744. It is listed for $760,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1929. The average price per square foot for Single Family listings in Wilmington is $404. The average listing price for Single Family in Wilmington is $754,822.
Similar Listings Nearby
Courtesy of Keller Williams SELA. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1341 N Fries
Wilmington, CA