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Property view

1004 W Lowen, 
Wilmington, CA 90744

$672,800


4

Beds


—

Bath


2,000

Sq Ft


Multi-Family

Active

Listed by

George Fotion

Call Realty

310-378-2268

Last updated:

October 21, 2026, 04:17 PM

MLS#

PV26199770MR

Source:

CA CLAW

About This Home

1004 W Lowen

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, and approx 750/mo for water & sewer) 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.

Home Facts

Multi-Family

4 Bedrooms

Built in 1956

Price Summary

672,800

$336 per Sq. Ft.

MLS #:

PV26199770MR

Last Updated:

October 21, 2026, 04:17 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Interior

Living Area:

2,000 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Year Built:

1956


Lot

Lot Size (Sq. Ft):

6,248


Finances & Disclosures

Finances

Price:

$672,800

Price per Sq. Ft:

$336 per Sq. Ft.

Source:CA CLAW
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.