$719,999
$20K PRICE DROP

705 McDonald Ave Wilmington, CA 90744

Total Views 9,374
6 Beds
3 Baths
2,055 Sq Ft
$350 Price per Sq Ft

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

Billy Jones

KW Temecula Brokerage Phone: 760-799-2360 License #02244324 Listed on: 10/03/2025

KW Temecula

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

4,801 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 300.00
  • Zoning: LARD1.5
  • Architectural Style: Contemporary
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7416016038
  • Year Built: 1954
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 350.36

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Other
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, Washer Included
  • Sewer: Other
  • Trash Expense: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Front Yard, Level with Street
  • Lot Size Sq Ft: 4801.00
  • Lot Size Acres: 0.1102

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 36624.00
  • Gross Scheduled Income: 36624.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 4801.0000 Square Feet
  • Net Operating Income: 30998.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 3
  • Operating Expense: 30998.00
  • Rent Control: Yes
  • Total Expenses: 1428.00

Tax Info

  • Tax Area: 0-400
  • Tax Lot: 26
  • Tax Tract Number: 5139
  • TaxOtherAnnualAssessmentAmount: 430.00

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: California Regional Multiple Listing Service (CRMLS)

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 -- --
Source: Public Records

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: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25218543

California Regional Multiple Listing Service (CRMLS)

APN: 7416-016-038

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