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424 Island Avenue, 
Wilmington, CA 90744

$679,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Alice Rodriguez

Keller Williams Realty

Last updated:

June 30, 2025, 02:17 AM

MLS#

SB25145499

Source:

SANDICOR

About This Home

424 Island Avenue

Charming Multi-Unit Property with Tremendous Potential First Time on the Market Since 1993 This exceptional property is being offered for the first time in over three decades, lovingly maintained by the original owners. Nestled on a spacious 7,500+ square foot lot, this unique opportunity invites you to explore its potential for expansion, including the addition of extra units. Key Features: Long-Term Tenants: Each unit is occupied by long-term residents who show pride in their homes and create a strong sense of community within the building. Unit Details: The property comprises well-maintained 1-bedroom, 1-bathroom units, ideal for tenants seeking comfortable and cozy living spaces. Upgrades: The property boasts a newer roof and updated wall heaters, reflecting the meticulous care and attention it has received over the years. Expansion Opportunity: With its expansive lot size of over 7,500 square feet, theres plenty of room to add additional units, maximizing rental income potential. Additional Information: This property is being sold alongside its sister building, located at 414 Island SB25145484, offering a rare chance to acquire two prime investments simultaneously. The seller is motivated, providing an excellent opportunity for investors or those looking to expand their portfolio. Dont miss out on this rare gemideal for both seasoned and first-time investors. Schedule your viewing today!

Home Facts

Multi-Family

Price Summary

679,000

MLS #:

SB25145499

Last Updated:

June 30, 2025, 02:17 AM

Added:

3 day(s) ago


Lot

Lot Size (Sq. Ft):

7,512


Finances & Disclosures

Finances

Price:

$679,000

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.