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Prime Mixed-Use Investment – Seller Financing Available 16 Residential Units | 3 Leased Commercial Spaces | Two Parcels | Wilmington, CA Rare opportunity in Wilmington! Two adjacent parcels (APNs 7423-002-012 & 7423-002-011) are being offered together, featuring a prominent corner location with private alley access and excellent visibility in a high-traffic area. Property Highlights Mixed-Use Building (Parcel 1): 16 one-bedroom SLO residential units on the upper floors Ground-floor commercial spaces currently leased, providing strong rental income Retail Property (Parcel 2): Dedicated retail space with private parking via the alley Zoning: C2-2D-O-CUGU — offering flexibility for redevelopment, ADUs, or future expansion Parking & Access: Convenient private alley access + onsite parking, adding to tenant and customer appeal Rent Roll: Available in supplements upon request Seller Financing on Attractive Terms The seller is open to carrying paper and may act as the first-position lender on favorable terms. This creates a unique opportunity for investors and developers to secure competitive financing while acquiring a high-performing, cash-flowing asset in one of Wilmington’s most promising growth corridors. Investment Potential With diversified income streams from the residential and commercial tenants, plus flexible zoning and future development possibilities, this property checks all the boxes for investors seeking immediate returns with long-term upside. Investment Highlights Prime Mixed-Use Investment – Seller Financing Available 16 Residential Units | 3 Leased Commercial Spaces | Two Parcels | Wilmington, CA Rare opportunity in Wilmington! Two adjacent parcels (APNs 7423-002-012 & 7423-002-011) are being offered together, featuring a prominent corner location with private alley access and excellent visibility in a high-traffic area. Rent Roll: Available in supplements upon request Seller Financing on Attractive Terms The seller is open to carrying paper and may act as the first-position lender on favorable terms. This creates a unique opportunity for investors and developers to secure competitive financing while acquiring a high-performing, cash-flowing asset in one of Wilmington’s most promising growth corridors.
Listing agent: Jaime Sutachan DRE #01886915 jaime@sberealty.com, Listing office: South Bay Executive Realty, Inc.
MLS data updated 11/1/2026, 5:18:41 PM PT
Source: CRMLS, MLS #: SB25193258
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 27, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,600,000Closed sale · Oct 27, 2025ZIP 90744 · Oct 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.