614 Gulf Ave Wilmington, CA 90744
Wilmington AreaEstimated payment $5,219/month
Highlights
- Craftsman Architecture
- Corner Lot
- Private Yard
- Property is near park
- Granite Countertops
- No HOA
About This Home
Located within walking distance of the Wilmington Waterfront Park, this property features two homes on an oversized lot, making it ideal for either an owner-occupant seeking rental income or an investor looking for strong returns.
The Front House (614 Gulf Ave) features 2 bedrooms, 1 bathroom, a fenced front yard, a covered porch, and a detached one-car garage with an indoor laundry area.
The Back House (616 Gulf Ave) is nicely upgraded with 3 bedrooms and 2 bathrooms. It includes tile and laminate flooring, recessed lighting, ceiling fans, and a spacious living room. The kitchen features granite countertops and cherry-finished cabinets, and the indoor laundry area accommodates a full-sized washer and dryer.
Additionally, both homes include a private yard area and an extra parking pad outside of each one-car garage.
The property is conveniently located near parks, freeway access, shopping, and local eateries.
Listing Agent
Keller Williams Palos Verdes Brokerage Phone: 310-245-7894 License #01237020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 6,207 Sq Ft Lot
- No Common Walls
- Chain Link Fence
- Corner Lot
- Private Yard
- Lawn
- Back and Front Yard
Parking
- 2 Car Garage
- Parking Available
- Single Garage Door
- Assigned Parking
Home Design
- Duplex
- Craftsman Architecture
- Bungalow
- Entry on the 1st floor
- Raised Foundation
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 2,006 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Living Room
- Neighborhood Views
- Granite Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Additional Features
- Exterior Lighting
- Property is near park
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 2559
- Assessor Parcel Number 7416018009
- $439 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $52,092
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,957 | $633,221 | $432,972 | $200,249 |
| 2024 | $7,857 | $620,806 | $424,483 | $196,323 |
| 2023 | $7,709 | $608,634 | $416,160 | $192,474 |
| 2022 | $7,357 | $596,700 | $408,000 | $188,700 |
| 2021 | $7,262 | $585,000 | $400,000 | $185,000 |
| 2020 | $7,001 | $551,412 | $364,140 | $187,272 |
| 2019 | $6,732 | $540,600 | $357,000 | $183,600 |
| 2018 | $6,603 | $530,000 | $350,000 | $180,000 |
| 2016 | $3,413 | $267,010 | $182,745 | $84,265 |
| 2015 | $3,366 | $263,000 | $180,000 | $83,000 |
| 2014 | $2,136 | $155,054 | $55,468 | $99,586 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2020 09/30/20 | Sold | $585,000 | +1.7% | $292 / Sq Ft | View Prior Sale |
| 08/24/2020 08/24/20 | Pending | -- | -- | -- | |
| 08/16/2020 08/16/20 | For Sale | $575,000 | -- | $287 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $585,000 | Orange Coast Title | |
| Quit Claim Deed | -- | Title Insurance Company | |
| Grant Deed | -- | Title Insurance Company | |
| Quit Claim Deed | -- | Title 365 | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $263,000 | Nations Title Company | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | American Title | |
| Gift Deed | -- | Fidelity National Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $438,750 | New Conventional | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Previous Owner | $230,000 | Purchase Money Mortgage | |
| Previous Owner | $266,600 | New Conventional | |
| Previous Owner | $247,000 | New Conventional | |
| Previous Owner | $127,500 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV26180540
APN: 7416-018-009
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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