The Mogharebi Group is pleased to present the opportunity to acquire a 16-unit apartment community located at 720 North Wilmington Boulevard in the City of Wilmington, California. Situated on a 13,398 square foot lot, the property consists of two two-story residential buildings totaling approximately 10,488 square feet and features an attractive unit mix of sixteen two-bedroom, one-bathroom apartments.
The property offers investors the opportunity to acquire a well-located workforce housing asset in one of Los Angeles County’s strongest rental markets. All units are individually metered for gas and electricity, significantly reducing owner operating expenses, while tenants benefit from convenient on-site parking and landscaped courtyard areas.
Every apartment is a desirable two-bedroom floor plan featuring vinyl flooring and carpet in the living areas, Formica countertops, gas wall heating, range/oven, refrigerator, hood fan, and garbage disposal. The property includes sixteen surface parking spaces, central gas water heating, and attractive landscaped common areas.
Located just minutes from the Port of Los Angeles, Interstate 110, SR-47, and numerous major employment centers throughout the South Bay and Harbor region, the property benefits from consistent tenant demand driven by port-related employment, logistics, manufacturing, healthcare, and transportation industries. The central location also provides convenient access to Downtown Long Beach, San Pedro, Carson, and Torrance.
l.
Investment Highlights
• 16 spacious two-bedroom, one-bathroom apartment homes
• Two-story apartment community on approximately 13,398 SF lot
• Approximately 10,488 rentable square feet
• RUBS in place
• Individually metered for gas and electricity
• Sixteen on-site surface parking spaces
• Landscaped courtyard setting
• Strong workforce housing location serving the Port of Los Angeles and South Bay employment centers
• Opportunity to increase income through unit upgrades and professional management
• Excellent long-term hold in a high-demand Los Angeles County rental market
The property offers investors the opportunity to acquire a well-located workforce housing asset in one of Los Angeles County’s strongest rental markets. All units are individually metered for gas and electricity, significantly reducing owner operating expenses, while tenants benefit from convenient on-site parking and landscaped courtyard areas.
Every apartment is a desirable two-bedroom floor plan featuring vinyl flooring and carpet in the living areas, Formica countertops, gas wall heating, range/oven, refrigerator, hood fan, and garbage disposal. The property includes sixteen surface parking spaces, central gas water heating, and attractive landscaped common areas.
Located just minutes from the Port of Los Angeles, Interstate 110, SR-47, and numerous major employment centers throughout the South Bay and Harbor region, the property benefits from consistent tenant demand driven by port-related employment, logistics, manufacturing, healthcare, and transportation industries. The central location also provides convenient access to Downtown Long Beach, San Pedro, Carson, and Torrance.
l.
Investment Highlights
• 16 spacious two-bedroom, one-bathroom apartment homes
• Two-story apartment community on approximately 13,398 SF lot
• Approximately 10,488 rentable square feet
• RUBS in place
• Individually metered for gas and electricity
• Sixteen on-site surface parking spaces
• Landscaped courtyard setting
• Strong workforce housing location serving the Port of Los Angeles and South Bay employment centers
• Opportunity to increase income through unit upgrades and professional management
• Excellent long-term hold in a high-demand Los Angeles County rental market
Property Details
Price:
$3,120,000
MLS #:
OC26175414
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
122harborgateway
Listed Date:
Aug 11, 2026
Total Sq Ft:
10,448
Lot Size:
13,504 sqft / 0.31 acres (approx)
Year Built:
1963
See this Listing
Schools
Interior
Laundry Features
NO
Exterior
Common Walls
_2CW
Community Features
URB
Parking Spots
16
Parking Total
16
Financial
Maintenance Fee
$7,336
Map
Community
- Address724 N Wilmington Wilmington CA
- CityWilmington
- CountyLos Angeles
- Zip Code90744
Market Summary
Current real estate data for Single Family in Wilmington as of Aug 14, 2026
46
Single Family Listed
126
Avg DOM
365
Avg $ / SqFt
$712,543
Avg List Price
Property Summary
- 724 N Wilmington Wilmington CA is a Single Family for sale in Wilmington, CA, 90744. It is listed for $3,120,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1963. The average price per square foot for Single Family listings in Wilmington is $365. The average listing price for Single Family in Wilmington is $712,543.
Similar Listings Nearby
Courtesy of Mike Marcu, Broker. 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.724 N Wilmington
Wilmington, CA