705 McDonald Ave Wilmington, CA 90744
Highlights
- Contemporary Architecture
- No HOA
- Laundry Room
- Corner Lot
- Park
- Attached Carport
About This Home
Investors, here’s your opportunity! Welcome to 705 McDonald Ave, a well maintained triplex featuring three spacious 2-bed/1-bath units (705,707,709), each with a private garage. Situated on a corner lot with a wide driveway, the property also offers a shared laundry room for added tenant convenience.
The location is a winner being close to schools, parks, shopping, and major freeways; ensuring steady rental demand and long term value. With potential ADU possibilities, this property provides exciting upside for value-add investors.
Whether you’re seeking a stable income property or a multifamily asset with growth potential, this triplex delivers both location and opportunity!
Listing Agent
KW Temecula Brokerage Phone: 760-799-2360 License #02244324 Listed on: 10/03/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 4,801 Sq Ft Lot
- 1 Common Wall
- Corner Lot
- Level Lot
- Front Yard
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- Attached Carport
- Parking Available
Home Design
- Triplex
- Contemporary Architecture
- Entry on the 1st floor
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,055 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 26
- Tax Tract Number 5139
- Assessor Parcel Number 7416016038
- $430 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Recreation
- Park
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Trash Expense $250
- Water Sewer Expense $300
- Operating Expense $1,428
- Gross Income $36,624
- Net Operating Income $30,998
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 | $9,167 | $742,845 | $583,664 | $159,181 |
| 2024 | $9,167 | $728,280 | $572,220 | $156,060 |
| 2023 | $8,993 | $714,000 | $561,000 | $153,000 |
| 2022 | $3,608 | $273,298 | $97,603 | $175,695 |
| 2021 | $3,556 | $267,940 | $95,690 | $172,250 |
| 2019 | $3,457 | $259,994 | $92,852 | $167,142 |
| 2018 | $3,355 | $254,897 | $91,032 | $163,865 |
| 2016 | $3,192 | $245,001 | $87,499 | $157,502 |
| 2015 | $3,148 | $241,322 | $86,185 | $155,137 |
| 2014 | $3,178 | $236,596 | $84,497 | $152,099 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/05/2026 02/05/26 | Price Changed | $719,999 | -2.7% | $350 / Sq Ft | |
| 11/26/2025 11/26/25 | For Sale | $739,999 | 0.0% | $360 / Sq Ft | |
| 11/25/2025 11/25/25 | Off Market | $739,999 | -- | -- | |
| 10/03/2025 10/03/25 | For Sale | $739,999 | +5.7% | $360 / Sq Ft | |
| 05/03/2022 05/03/22 | Sold | $700,000 | 0.0% | $341 / Sq Ft | View Prior Sale |
| 02/26/2022 02/26/22 | For Sale | $699,900 | -- | $341 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $700,000 | Fidelity National Title | |
| Deed | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Lsi | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $525,000 | New Conventional | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $277,400 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW25218543
APN: 7416-016-038
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Ask me questions while you tour the home.