$1,595,000

Estimated payment $10,741/month

Total Views 168,790
10 Beds
9 Baths
5,301 Sq Ft
$301 Price per Sq Ft

About This Home

Proud to present 823 Lagoon Avenue in Wilmington, California 90744.
This is a two-story, 7-unit complex that offers significant potential for the right investor.

Listing Agent

Guillermo Rodriguez

Guillermo Rodriguez, Broker Brokerage Phone: 310-892-3180 License #01389996 Listed on: 08/17/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,514 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 8 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 5,301 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 10 / B
  • Assessor Parcel Number 7416025027
  • $1,240 per year additional tax assessments

Community Details

Building Details

  • 7 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,000
  • Insurance Expense $5,000
  • Professional Management Expense $4,200
  • Trash Expense $3,800
  • Water Sewer Expense $15,000
  • Operating Expense $25,800
  • Gross Income $175,164
  • Net Operating Income $122,615

Additional Features

  • 7 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

7,514 Sq Ft Lot

Parking

8

Listing Details

  • Standard Status: Active
  • Professional Management Expense: 4200.00
  • Property Attached: Yes
  • Water Sewer Expenses: 15000.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7416025027
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 10
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 300.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 3800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7514.00
  • Lot Size Acres: 0.1725

Multi Family

  • Electric Expense: 2000.00
  • Gross Income: 175164.00
  • Gross Scheduled Income: 175164.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 7514.0000 Square Feet
  • Net Operating Income: 122614.80
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 52549.20
  • Rent Control: Yes
  • Total Expenses: 25800.00

Tax Info

  • Tax Block: B
  • Tax Lot: 10
  • Tax Tract Number: 00
  • TaxOtherAnnualAssessmentAmount: 1240.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $20,013 $1,612,620 $936,360 $676,260
2025 $20,013 $1,581,000 $918,000 $663,000
2024 $15,603 $1,203,600 $816,000 $387,600
2023 $15,316 $1,180,000 $800,000 $380,000
2022 $10,295 $784,347 $577,577 $206,770
2021 $10,150 $768,968 $566,252 $202,716
2019 $9,869 $747,561 $549,457 $198,104
2018 $9,716 $732,932 $538,684 $194,248
2016 $9,219 $703,127 $517,767 $185,360
2015 $9,104 $692,566 $509,990 $182,576
2014 $7,015 $501,675 $63,693 $437,982
Source: Public Records

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
08/17/2026 08/17/26 For Sale $1,595,000 +32.9% $301 / Sq Ft
10/27/2022 10/27/22 Sold $1,200,000 -4.8% $226 / Sq Ft View Prior Sale
09/12/2022 09/12/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $1,260,000 +85.6% $238 / Sq Ft
06/10/2014 06/10/14 Sold $679,000 0.0% $128 / Sq Ft View Prior Sale
04/21/2014 04/21/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $679,000 -- $128 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS26180355

California Regional Multiple Listing Service (CRMLS)
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