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817 N Gulf Avenue — Wilmington | Belmont Brokerage | Belmont Brokerage

Active

OPEN APR 19 · 10AM – 1PM

+55 more

$975,000

19 DOM

— bd— ba— sqft

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817 N Gulf Ave Wilmington, CA 90744

7,583sqft lot

Welcome to a standout investment opportunity in the heart of West Wilmington. Situated on a generous 7,583 sq ft lot with LARD1.5 zoning, this property includes two recently remodeled homes and offers significant open space, providing the ideal setup to add up to three additional units. Both units will be delivered vacant at the close of escrow. This property is perfect for investors or owner-occupants looking to capitalize on both immediate income and future development. The front unit, 819 N Gulf Avenue, offers a beautifully updated single-level layout with 2 bedrooms and 1 three-quarter bathroom. Highlights include durable vinyl flooring with cozy carpet in the bedrooms, custom built-in cabinetry in the living room, ceiling fans, a wall furnace, and a bright kitchen with crisp white cabinetry and washer/dryer hookups. Enjoy a gated yard with sprinkler system and a detached one-car garage. The rear unit, 817 N Gulf Avenue, is also fully remodeled and accessed via the alley. This single-level home features 3 bedrooms and 2 three-quarter bathrooms, with a blend of vinyl and carpet flooring, ceiling fans, wall furnace, and a modern kitchen with white cabinetry and washer/dryer hookups. A gated driveway and expansive rear yard provide ample parking and offer incredible potential for adding up to three additional units. Additional upgrades include fresh interior and exterior paint, new exterior lighting, updated window blinds, and a 2-gang electrical panel ready for ADU expansion. Conveniently located just off Anaheim Street, this property is close to local dining, shopping, and businesses, with quick access to the 110 Freeway, making commuting throughout Los Angeles a breeze while still enjoying a neighborhood feel. Don’t miss this rare opportunity to own a move-in-ready property with immediate income and future development potential.

MLS SB26060212

310-519-1080 (Office) 310-987-9103 (Cell) Danielle.Whitney@TeamWhitney.com

Est. payment

$6,230/mo

Principal & interestTaxesInsurance

$4,930$1,016$284

Down %

Rate %

Years

Down payment: $195,000 · Total cost: $1,969,847

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$6,230/mo

Principal & interest: $4,930
Est. property tax: $1,016
Est. insurance: $284
Down payment: $195,000

Est. gross rent$4,063/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,167/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Virtual Tour

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Price History

Event	Date	Price	Change
Listed	Mar 19, 2026	$975,000	—

Facts & Features

Transaction Data

Structure & Property

Year Built1925

Garage Spaces1

310-519-1080 (Office) 310-987-9103 (Cell) Danielle.Whitney@TeamWhitney.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

817 N Gulf Avenue, Wilmington, CA 90744

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Call

817 N Gulf Ave Wilmington, CA 90744

About this home

Danielle Whitney Moore

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Danielle Whitney Moore

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

817 N Gulf Avenue, Wilmington, CA 90744

About This Property

Property Photos

817 N Gulf Ave Wilmington, CA 90744

About this home

Danielle Whitney Moore

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Danielle Whitney Moore

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.