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909 W Denni Street, Wilmington, California 90744, Wilmington, 90744 - bed, bath

909 W Denni Street, Wilmington, California 90744 home-pic-0
ACTIVE$1,650,000
909 W Denni Street, Wilmington, California 90744
0Bed
0Bath
2,960Sqft
4,426Lot
Year Built
1924
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$557
HOA
-
Days on market
-
Sold On
-
MLS number
RS25063966
Home ConditionPoor
Features
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $1.65M(92th), sqft - 2960(75th), beds - undefined(50th), baths - undefined(50th).

Great investment opportunity located in Wilmington! This Investment property is located in a corner lot, Address as follows 909,911, 913 Denni St. & 1106 Gulf Av. Wilmington Ca 90744 consist of two Duplex buildings and 1 attached Duplex with total living square feet of 2960. All units are standalone and each unit features 2 spacious bedrooms and 1 bathroom, offering comfortable living space for a large family, rental income, or a buy-and-hold investment. Each Unit provides a nice front open porch private front/back yards area 2 (1 car detached garages) and driveways with private entry gates. Nice open lot size 8851 with Beautiful well kept units and nice elegant white fence through out the whole property for privacy & curb appeal. Excellent investment to acquire 2 set of Duplex . Investors Don't miss this rare opportunity to acquire your investment today. This unique opportunity MUST be purchased together with Parcel 7415023036 - 7415023037, creating even greater possibilities for expansion or redevelopment. Centrally positioned, this property is in close proximity to schools, freeways, shopping centers, restaurants, and entertainment venues.

Nearby schools

6/10
Gulf Avenue Elementary School
Public,•K-5•0.2mi
4/10
Fries Avenue Elementary School
Public,•K-5•0.5mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•0.7mi
3/10
George De La Torre Jr. Elementary School
Public,•K-5•0.8mi
4/10
Broad Avenue Elementary School
Public,•K-5•1.3mi
4/10
Normont Elementary School
Public,•K-5•1.3mi
4/10
Wilmington Park Elementary School
Public,•K-5•1.6mi
6/10
Harbor City Elementary School
Public,•K-5•1.8mi
9/10
Taper Avenue Elementary School
Public,•K-5•2.1mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•2.4mi
2/10
Barton Hill Elementary School
Public,•K-6•2.8mi
5/10
Del Amo Elementary School
Public,•K-5•4.0mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•20.0mi
8/10
Harry Bridges Span
Public,•K-8•0.7mi
5/10
Wilmington Middle School
Public,•6-8•0.9mi
6/10
Alexander Fleming Middle School
Public,•6-8•2.3mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•2.8mi
4/10
Hudson K-8
Public,•K-8•3.3mi
4/10
Richard Henry Dana Middle School
Public,•6-8•3.9mi
5/10
Phineas Banning Senior High School
Public,•9-12•1.0mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•2.4mi
3/10
Cabrillo High School
Public,•9-12•3.4mi
6/10
San Pedro Senior High School
Public,•9-12•4.0mi

Price History

Date
Event
Price
04/30/21
Sold
$765,000
01/03/17
Sold
$780,000
04/24/13
Sold
$378,000
03/15/02
Sold
$35,000
Condition Rating
Poor
The property was built in 1924, making it 100 years old. While the exterior appears maintained with fresh paint and a white fence, there are no interior images provided to assess the condition of kitchens, bathrooms, flooring, or appliances. The absence of interior photos for a property of this age strongly suggests that the interiors are significantly outdated and require substantial repairs and rehabilitation. The listing's own analysis highlights 'Advanced Age of Property' and 'potential for outdated infrastructure (plumbing, electrical), and require significant capital expenditures for upgrades,' aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Taper Avenue Elementary School (9/10).
Strong Investment Potential: Explicitly marketed as a 'Great investment opportunity' for rental income or buy-and-hold, supported by its multi-unit (quadruplex) nature.
Multiple Income Streams: As a quadruplex with four 2-bedroom, 1-bathroom units, it offers diversified rental income and potentially higher cash flow compared to single-family homes.
Desirable Location & Accessibility: Centrally located on a corner lot with excellent proximity to schools, freeways, shopping, restaurants, and entertainment, enhancing tenant appeal and property value.
Individual Unit Amenities: Each unit benefits from a private front porch, private front/back yards, and standalone design, offering tenants desirable outdoor space and privacy.
Good Curb Appeal & Maintenance: Described as 'Beautiful well kept units' with an 'elegant white fence,' suggesting good aesthetic appeal and potentially lower immediate exterior maintenance.

Cons

Advanced Age of Property: Built in 1924, the property is nearly a century old, which may lead to higher maintenance costs, potential for outdated infrastructure (plumbing, electrical), and require significant capital expenditures for upgrades.
Limited Parking Facilities: With only two 1-car detached garages for four units, parking is insufficient, potentially causing tenant inconvenience and impacting rental desirability.
Mandatory Multi-Parcel Purchase: The property 'MUST be purchased together with Parcel 7415023037,' significantly increasing the total acquisition cost and complexity for potential buyers, thereby narrowing the market.

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