1341 N Fries, Wilmington, California 90744, Wilmington, 90744 - bed, bath
ACTIVE$879,900
1341 N Fries, Wilmington, California 90744
0Bed
0Bath
2,192Sqft
7,293Lot
Year Built
1929
Close
-
List price
$880K
Original List price
$880K
Price/Sqft
$401
HOA
-
Days on market
-
Sold On
-
MLS number
OC25099114
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $879.9K(67th), sqft - 2192(67th), beds - undefined(50th), baths - undefined(50th).
Excellent opportunity to own a triplex in a desirable Wilmington location. This income-producing property features three separate units: two front units, each with 2 bedrooms and 1 bathroom, and a detached rear unit with 3 bedrooms and 2 bathrooms. Each unit has its own private entrance and individual yard space. Conveniently located near schools, shopping, public transportation, and easy freeway access. Ideal for investors or owner-occupants seeking rental income in a high-demand area. Do not disturb occupants. Drive by only—showings by appointment.
Nearby schools
4/10
Fries Avenue Elementary School
Public,•K-5•0.1mi
6/10
Gulf Avenue Elementary School
Public,•K-5•0.4mi
4/10
Broad Avenue Elementary School
Public,•K-5•0.8mi
3/10
George De La Torre Jr. Elementary School
Public,•K-5•1.0mi
4/10
Wilmington Park Elementary School
Public,•K-5•1.2mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•1.2mi
4/10
Normont Elementary School
Public,•K-5•1.6mi
6/10
Harbor City Elementary School
Public,•K-5•2.2mi
9/10
Taper Avenue Elementary School
Public,•K-5•2.7mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•2.8mi
2/10
Barton Hill Elementary School
Public,•K-6•3.3mi
5/10
Del Amo Elementary School
Public,•K-5•3.4mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•19.6mi
8/10
Harry Bridges Span
Public,•K-8•0.3mi
5/10
Wilmington Middle School
Public,•6-8•0.7mi
6/10
Alexander Fleming Middle School
Public,•6-8•2.7mi
4/10
Hudson K-8
Public,•K-8•2.7mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•3.4mi
4/10
Richard Henry Dana Middle School
Public,•6-8•4.4mi
5/10
Phineas Banning Senior High School
Public,•9-12•0.4mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•2.6mi
3/10
Cabrillo High School
Public,•9-12•2.9mi
6/10
San Pedro Senior High School
Public,•9-12•4.5mi
Price History
Date
Event
Price
09/20/18
Sold
$625,000
11/12/03
Sold
$325,000
Condition Rating
Poor
Built in 1929, this triplex is nearly a century old. The images reveal severely outdated kitchens and bathrooms across all units, featuring old white cabinets, laminate countertops, dated white appliances (likely 20+ years old), and basic fixtures. Flooring consists of worn, dated tiles throughout. Visible wall scuffs, peeling paint, and older light fixtures indicate significant deferred maintenance. The property lacks modern amenities like central HVAC, relying on wall heaters. While functional, the property requires substantial repairs and rehabilitation, including full renovations of all kitchens and bathrooms, major system upgrades (electrical, plumbing, HVAC), and extensive cosmetic work to meet current living standards. The MLS description itself notes the 'Advanced Age of Property' and the likelihood of 'significant capital expenditures for updates to major systems'.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10).
Multi-Unit Income Potential: As a triplex, this property offers multiple income streams, making it an attractive investment for generating consistent rental revenue or for owner-occupancy with supplemental income.
Desirable & Convenient Location: Situated in a 'desirable Wilmington location' with excellent proximity to schools, shopping, public transportation, and freeway access, enhancing tenant appeal and property value.
Individual Unit Privacy & Amenities: Each of the three units benefits from its own private entrance and individual yard space, a significant draw for tenants seeking more privacy and outdoor living options.
High Rental Demand Area: Explicitly noted as being in a 'high-demand area' for rental income, suggesting a strong tenant pool and potentially stable occupancy rates.
Proximity to Quality Schools: Located very close to multiple schools, including highly-rated elementary and high schools (e.g., Fries Avenue Elementary 0.1 miles, Phineas Banning Senior High 0.39 miles), which is a strong selling point for families.
Cons
Advanced Age of Property: Built in 1929, the property is nearly a century old, likely requiring significant capital expenditures for updates to major systems (plumbing, electrical, roofing) and general maintenance to meet modern standards and tenant expectations.
Limited Access for Showings: The 'Do not disturb occupants. Drive by only—showings by appointment' directive suggests potential difficulties in scheduling comprehensive viewings and inspections, which can be a hurdle for prospective buyers to fully assess the property's condition.
Lack of Financial & Condition Transparency: The listing provides no details on current rental income, lease terms, or the interior condition of the units, creating uncertainty for investors regarding immediate cash flow, potential vacancies, and necessary renovations.