1627 Broad Ave Wilmington, CA 90744
Estimated payment $5,245/month
Highlights
- Wood Flooring
- No HOA
- Park
- Quartz Countertops
- 2 Car Direct Access Garage
- Recessed Lighting
About This Home
Unlock the potential of this outstanding duplex, ideally situated near schools, parks, dining, grocery stores, and a wealth of local amenities. This income-generating property features two well-maintained residences: a spacious 3-bedroom, 2-bathroom single-family home at the front, and a charming 1-bedroom, 1-bathroom unit at the rear—complete with its own private backyard. Whether you're looking to live in one unit and rent the other, or fully lease both for maximum return, this flexible property offers immediate earning potential. Adding even more value is a detached 2-car garage, offering an excellent opportunity for a future ADU (Accessory Dwelling Unit) conversion—perfect for increasing both rental income and property value. The extended driveway accommodates up to four vehicles, and with the home located just three houses from the corner, ample street parking is also readily available.Don’t miss your chance to own this centrally located, income-producing gem with built-in value-add opportunities.
Listing Agent
Compass Brokerage Phone: 310-743-6921 License #01880426 Listed on: 07/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,304
Year Built
- Built in 1945
Lot Details
- 5,227 Sq Ft Lot
- No Common Walls
- Wood Fence
- Density is up to 1 Unit/Acre
Parking
- 2 Car Direct Access Garage
- Public Parking
- Shared Driveway
- On-Street Parking
Home Design
- Duplex
- Entry on the 1st floor
- Turnkey
- Raised Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 1,764 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Entryway
- Living Room with Fireplace
- Wood Flooring
Kitchen
- Gas Oven
- Gas Range
- Quartz Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Washer and Gas Dryer Hookup
Location
- Urban Location
Utilities
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- Tax Lot 66
- Tax Tract Number 2009
- Assessor Parcel Number 7422003014
- $354 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 2 Units
Recreation
- Park
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $480
- Insurance Expense $2,000
- Operating Expense $2,000
- Gross Income $31,200
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 | $9,304 | $760,949 | $541,216 | $219,733 |
| 2024 | $9,304 | $746,029 | $530,604 | $215,425 |
| 2023 | $9,126 | $731,401 | $520,200 | $211,201 |
| 2022 | $8,705 | $717,060 | $510,000 | $207,060 |
| 2021 | $4,090 | $319,567 | $189,375 | $130,192 |
| 2020 | $4,127 | $316,292 | $187,434 | $128,858 |
| 2019 | $3,972 | $310,091 | $183,759 | $126,332 |
| 2018 | $3,878 | $304,011 | $180,156 | $123,855 |
| 2016 | $3,695 | $292,208 | $173,161 | $119,047 |
| 2015 | $3,643 | $287,819 | $170,560 | $117,259 |
| 2014 | $3,666 | $282,182 | $167,219 | $114,963 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2025 08/09/25 | For Rent | $2,000 | 0.0% | -- |
| 07/18/2025 07/18/25 | For Sale | $839,000 | +19.3% | $476 / Sq Ft |
| 03/12/2021 03/12/21 | Sold | $703,000 | +4.1% | $399 / Sq Ft |
| 02/05/2021 02/05/21 | Pending | -- | -- | -- |
| 01/28/2021 01/28/21 | For Sale | $675,000 | -- | $383 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $703,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Pacific Coast Title Company | |
| Grant Deed | $270,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Ticor Title Co | |
| Grant Deed | $359,000 | Ticor Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $238,000 | American Title Co | |
| Grant Deed | $159,000 | -- | |
| Quit Claim Deed | -- | First Southwestern Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $57,800 | New Conventional | |
| Open | $552,750 | New Conventional | |
| Previous Owner | $406,000 | New Conventional | |
| Previous Owner | $260,012 | FHA | |
| Previous Owner | $266,412 | FHA | |
| Previous Owner | $116,100 | Credit Line Revolving | |
| Previous Owner | $444,500 | New Conventional | |
| Previous Owner | $287,200 | Balloon | |
| Previous Owner | $226,100 | No Value Available | |
| Previous Owner | $152,836 | FHA | |
| Previous Owner | $155,725 | FHA | |
| Previous Owner | $40,000 | No Value Available | |
| Closed | $71,800 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25162288
APN: 7422-003-014
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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