1337 Lagoon Ave Wilmington, CA 90744
Estimated payment $3,322/month
About This Home
VACANT Duplex Opportunity in Wilmington! Welcome to 1337 Lagoon Ave, a fantastic duplex offering two separate units with incredible potential! The front unit features 2 bedrooms and 1 bathroom, while the rear unit includes 1 bedroom and 1 bathroom ideal for owner-occupants, multi-generational living, or rental income.This property sits on a spacious lot with room for parking and possible future upgrades. Conveniently located near the Port of Los Angeles, freeway access, and local shops, this is a great opportunity to build equity in one of the South Bay's most in-demand rental markets. With some TLC, this duplex can generate strong cash flow or serve as a perfect live-in investment. Key Features: Duplex: 2 bed/1 bath front + 1 bed/1 bath rear. Separate entrances for privacy Off-street parking potential and Prime Wilmington location near schools, dining, and major employment hubs.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 5,548 Sq Ft Lot
Interior Spaces
- 1,256 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 4 Parking Spaces
- Carport
Community Details
- 2 Buildings
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 7420-003-019
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,269 | $478,000 | $375,000 | $103,000 |
| 2024 | $3,269 | $247,928 | $107,963 | $139,965 |
| 2023 | $3,210 | $243,068 | $105,847 | $137,221 |
| 2022 | $3,066 | $238,303 | $103,772 | $134,531 |
| 2021 | $3,025 | $233,632 | $101,738 | $131,894 |
| 2020 | $3,051 | $231,237 | $100,695 | $130,542 |
| 2019 | $2,939 | $226,704 | $98,721 | $127,983 |
| 2018 | $2,885 | $222,260 | $96,786 | $125,474 |
| 2017 | $2,822 | $217,903 | $94,889 | $123,014 |
| 2016 | $2,750 | $213,631 | $93,029 | $120,602 |
| 2015 | $2,712 | $210,423 | $91,632 | $118,791 |
| 2014 | $2,734 | $206,303 | $89,838 | $116,465 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2025 10/29/25 | Pending | -- | -- | -- |
| 10/06/2025 10/06/25 | For Sale | $579,900 | -- | $462 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $478,000 | Fin Title | |
| Grant Deed | $478,000 | Fin Title | |
| Trustee Deed | $451,831 | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Grant Deed | $155,000 | First American | |
| Corporate Deed | $63,500 | First American Title Co | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Trustee Deed | $103,746 | Fidelity National Title Ins | |
| Corporate Deed | -- | Fidelity National Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $334,000 | Construction | |
| Previous Owner | $375,000 | New Conventional | |
| Previous Owner | $188,100 | No Value Available | |
| Previous Owner | $149,540 | FHA | |
| Previous Owner | $44,450 | No Value Available | |
| Closed | $30,000 | No Value Available |
Source: The MLS
MLS Number: 25602389
APN: 7420-003-019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 1405 Lagoon Ave
- 1262 N Lagoon Ave
- 1306 Gulf Ave
- 1112 Island Ave
- 1566 N Neptune Ave
- 1603 Lagoon Ave
- 1057 N Neptune Ave
- 1610 N Fries Ave
- 1611 Bay View Ave
- 1056 N Fries Ave
- 1526 Lakme Ave
- 1041 Gulf Ave
- 1627 Broad Ave
- 329 Ross Place
- 323 Ross Place
- 1301 W I St
- 1305 W I St
- 1046 N Banning Blvd
- 1511 Eudora Ave
- 710 W Anaheim St