823 Lagoon
Wilmington, CA, 90744
$1,650,000
Beds
0 Baths
0 SqFt
0.17 Acres
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MLS #SR26022311 image #0
Sapphire Crest is a fully renovated seven-unit multifamily property located at 823 Lagoon Avenue in Wilmington, California. The two-story, garden-style building encompasses approximately ±5,301 square feet on a ±7,512 square-foot LARD1.5-zoned lot.

Originally constructed in 1965, the property underwent a comprehensive renovation in 2023, including remodeled interiors, a new roof, new windows, drought-tolerant landscaping, and a freshly painted exterior. In May 2024, all electrical subpanels were replaced, enhancing overall system functionality and building condition.

The apartment units feature modern finishes, updated kitchens and bathrooms, new flooring, wall-mounted air conditioning, and ample cabinet and storage space. The property is separately metered for gas and electricity and includes on-site laundry facilities and garage parking for seven vehicles.

Architectural drawings have been completed for a potential approximately ±760 square-foot two-bedroom, two-bath accessory dwelling unit (ADU), subject to buyer verification and applicable approvals.

Sapphire Crest is located within an established residential pocket of Wilmington in Los Angeles County, offering convenient access to surrounding employment areas, coastal communities, and regional transportation corridors. The property is in proximity to Long Beach, San Pedro, Carson, Torrance, and Lakewood.

The location provides efficient access to the 110 and 1 Freeways, supporting connectivity throughout the South Bay and greater Los Angeles region. Long Beach Harbor and the Queen Mary are approximately a 15-minute drive. Nearby institutions such as Los Angeles Harbor College and Ken Malloy Harbor Regional Park contribute to the area’s residential character and community amenities.

The immediate area offers walkable and bike-friendly access to nearby retail, dining, and everyday services. The combination of residential setting, access to transportation routes, and proximity to regional destinations supports continued residential use within this coastal submarket.

Property Details

Price:
$1,650,000
MLS #:
SR26022311
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
195westwilmington
Listed Date:
Jan 30, 2026
Total Sq Ft:
5,301
Lot Size:
7,512 sqft / 0.17 acres (approx)
Year Built:
1965
195 – West Wilmington195westwilmington

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Schools

Interior

Laundry Features
AR

Exterior

Community Features
GOLF, WATE
Parking Spots
7

Financial

Net Operating Income
$112,226

Map

Community

Market Summary

Current real estate data for Single Family in Wilmington as of Mar 16, 2026
47
Single Family Listed
86
Avg DOM
404
Avg $ / SqFt
$754,822
Avg List Price

Property Summary

    823 Lagoon Wilmington CA is a Single Family for sale in Wilmington, CA, 90744. It is listed for $1,650,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1965. 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.

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