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1050 Lagoon Avenue

Wilmington, CA 90744
  • $990,000
  • STATUS: Active
  • ON SITE: 93 Days
  • MLS #: OC25016580
UPDATED: 48 min ago
$990,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Listing Agent(s): Nilou Farshchi of HomeSmart, Evergreen Realty (949-753-7888)


Description

Welcome to this charming quadruplex - 1050 and 1052 Lagoon Ave on a large 7100 sqft lot. Each unit consists of 2 bed 1 bath w/garage (5 garages total) and each unit has its own interior laundry. The units feel like town homes (not apartment style) and have a front and back entrance. Property upgrades include, exterior paint in 2024, newer windows, newer flooring, newer bathrooms and newer kitchens.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T08:30:53.793. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159693038
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1050 Lagoon Avenue Wilmington, CA 90744

  • Price: $990,000
  • Status: Active
  • On Site: 93 Days
  • Updated: 48 min ago
  • MLS #: OC25016580
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1924
Built
Neighborhood:
195 - West Wilmington
County:
Los Angeles
Area:
195 - West Wilmington
Property Description
Welcome to this charming quadruplex - 1050 and 1052 Lagoon Ave on a large 7100 sqft lot. Each unit consists of 2 bed 1 bath w/garage (5 garages total) and each unit has its own interior laundry. The units feel like town homes (not apartment style) and have a front and back entrance. Property upgrades include, exterior paint in 2024, newer windows, newer flooring, newer bathrooms and newer kitchens.
Exterior Features

Entry Level 1 Entry Location front Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common WallNo One AboveNo One Below

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Garage YN Yes Gross Income 83520 Gross Scheduled Income 83520 Insurance Expense 1700 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Net Operating Income 68520 New Construction YN No New Taxes Expense 3327 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 15000 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 6960 Trash Expense 0 Water Sewer Expense 9000 Water Source Public Zoning LARD2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T08:30:53.793. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Nilou Farshchi of HomeSmart, Evergreen Realty (949-753-7888)