This fourplex is a practical Harbor-area income property with a simple, flexible story: four separate one-bedroom homes on one lot, already producing cash flow, in a neighborhood that lives off one of the largest employment engines on the West Coast. Each unit is a self-contained 1BR/1BA home of roughly 600 square feet. That layout is the point. An investor gets four rent rolls instead of one. An owner-user can live in one unit and let the other three help carry the property. An extended family can give parents, adult children, or siblings their own front door, kitchen, and bath while staying on the same parcel. Parking and a usable lot support everyday living rather than a stacked apartment product. The numbers are straightforward. Current gross of $4,865 per month against $1,222 in expenses (NOTE: $392 is for property management fees and $80 for yard maintenance. Some investors may want to increase the net by a commensurate amount) leaves $3,643 net. That is real monthly cash after operations"”not a pro-forma hope. Units of this size in Wilmington have rented in the mid-$1,700s; the income already in place shows demand is not theoretical. Built in 1956 on a 6,248-square-foot lot (zoning LARD1.5), the asset is a classic small multifamily building: manageable scale, four meters of opportunity, and room on the lot that many downtown fourplexes simply do not have. Wilmington is a working harbor community, not a resort zip. That is an advantage for this buyer profile. The Ports of Los Angeles and Long Beach sit minutes away and support logistics, warehousing, trades, and shift work that need nearby housing. The 110, 405, and 710, plus Pacific Coast Highway, put jobs, shopping, and the rest of the South Bay within a normal commute. Ken Malloy Harbor Regional Park, Wilmington Waterfront Park, Banning Recreation Center, and Los Angeles Harbor College give residents parks, recreation, and a community-college campus without leaving the Harbor area. Avalon Boulevard and PCH handle daily errands. Compared with Palos Verdes and the Beach Cities, entry pricing here is still more approachable, which is why 1BR product stays rented. This is not a trophy listing. It is a four-door cash-flow building in a job-rich, renter-heavy pocket of the Harbor"”useful for an investor who wants income now, an owner-occupant who wants three units to help pay the note, or a family that wants four independent homes on one piece of ground.

Last Updated	9/16/2026	Year Built	1956
Community	195 - West Wilmington	Garage Spaces	1.0
County	Los Angeles

Additional Details

AIR	Electric, Wall/Window Unit(s), Zoned
AIR CONDITIONING	Yes
APPLIANCES	Electric Range, Free-Standing Range, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Self Cleaning Oven, Washer/Dryer Stacked, Water Heater
AREA	195 - West Wilmington
CONSTRUCTION	Frame, Glass, HardiPlank Type, Plaster, Stucco
GARAGE	Yes
HEAT	Natural Gas, Wall Furnace, Zoned
INTERIOR	Ceiling Fan(s), Granite Counters, Laminate Counters, Master Downstairs, Tile Counters
LOT	6247 sq ft
LOT DESCRIPTION	Back Yard, Corner Lot, Front Yard, Landscaped, Paved, Rectangular Lot, Sprinklers In Front, Sprinklers In Rear
LOT DIMENSIONS	6248
PARKING	Carport, On Site, Private
POOL DESCRIPTION	None
SEWER	Public Sewer
STORIES	1
STYLE	Contemporary, Ranch, Traditional
UTILITIES	Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
VIEW DESCRIPTION	None
WATER	Public

Location

 

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