1319 E Colon Street, Wilmington, California 90744, Wilmington, 90744 - bed, bath
ACTIVE$650,000
1319 E Colon Street, Wilmington, California 90744
0Bed
0Bath
1,628Sqft
4,737Lot
Year Built
1965
Close
-
List price
$650K
Original List price
$700K
Price/Sqft
$399
HOA
-
Days on market
-
Sold On
-
MLS number
CV24080156
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $650.0K(25th), sqft - 1628(25th), beds - undefined(50th), baths - undefined(50th).
Duplex in Desirable Wilmington Location This duplex offers two spacious 2-bedroom, 1-bath units, each with their own private living space. Located in a sought-after neighborhood, it is just minutes away from the beach, making it the perfect place to enjoy Wilmington's beautiful year-round weather. Viewings are available by appointment only. Buyers and agents to verify any and all information regarding this property.
Nearby schools
4/10
Wilmington Park Elementary School
Public,•K-5•0.4mi
4/10
Broad Avenue Elementary School
Public,•K-5•1.1mi
4/10
Fries Avenue Elementary School
Public,•K-5•1.1mi
6/10
Gulf Avenue Elementary School
Public,•K-5•1.5mi
3/10
George De La Torre Jr. Elementary School
Public,•K-5•1.6mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•2.0mi
4/10
Normont Elementary School
Public,•K-5•2.6mi
5/10
Del Amo Elementary School
Public,•K-5•3.0mi
6/10
Harbor City Elementary School
Public,•K-5•3.2mi
9/10
Taper Avenue Elementary School
Public,•K-5•3.6mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•3.9mi
2/10
Barton Hill Elementary School
Public,•K-6•3.9mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•19.6mi
8/10
Harry Bridges Span
Public,•K-8•0.9mi
5/10
Wilmington Middle School
Public,•6-8•1.6mi
4/10
Hudson K-8
Public,•K-8•1.7mi
6/10
Alexander Fleming Middle School
Public,•6-8•3.7mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•4.4mi
4/10
Richard Henry Dana Middle School
Public,•6-8•5.0mi
5/10
Phineas Banning Senior High School
Public,•9-12•0.8mi
3/10
Cabrillo High School
Public,•9-12•1.8mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•3.5mi
6/10
San Pedro Senior High School
Public,•9-12•5.2mi
Price History
Date
Event
Price
10/29/21
Sold
$528,000
08/23/10
Sold
$243,000
03/24/06
Sold
$488,000
Condition Rating
Fair
Built in 1965, this duplex shows signs of regular upkeep with fresh paint and some updated flooring in the living areas. However, both kitchens and bathrooms are significantly outdated with older cabinets, laminate countertops, basic fixtures, and white appliances, suggesting they have not been extensively renovated in 30+ years. While functional and clean, these key areas require substantial cosmetic updates to meet modern standards, placing the property in the 'fair' category.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10).
Income-Generating Property: This duplex offers two separate 2-bedroom, 1-bath units, providing immediate rental income potential for investors or owner-occupants.
Prime Coastal Location: Situated in a 'sought-after neighborhood' in Wilmington, just minutes away from the beach, enhancing its appeal for tenants and owners seeking a coastal lifestyle.
Attractive Price Adjustment: The property has seen a $50,000 price reduction from its original list price of $700,000, potentially offering a more competitive entry point for buyers.
Desirable Unit Configuration: Each unit features a practical 2-bedroom, 1-bath layout, which is a common and sought-after size for renters in the area.
Proximity to Local Schools: The property is conveniently located near Wilmington Park Elementary School (0.42 miles) and Phineas Banning Senior High School (0.78 miles), appealing to families.
Cons
Property Age & Potential for Updates: Built in 1965, the property is nearly 60 years old, suggesting it may require significant updates or renovations to meet modern standards and tenant expectations.
Lack of Detailed Condition Information: The brief description provides no insight into the current condition of the units, recent upgrades, or maintenance history, which could imply hidden costs for a buyer.
Limited Amenities Mentioned: The listing does not specify common duplex amenities such as parking, laundry facilities, or private outdoor spaces for each unit, which could be a drawback for potential tenants or owners.