Property Details
About this Property
Value-Add Triplex Opportunity in West Wilmington Rare opportunity to acquire a true income-producing triplex featuring three separate units: two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, each with private entrances and individual yard space a configuration desirable for long-term rental stability. Property is currently subject to the City of Los Angeles LAHD REAP program and is expected to be removed from REAP at the close of escrow. Seller reports approximately $40,000 invested in recent repairs, with substantial corrective work completed. Per seller, most items have been addressed, with remaining corrections pending in Unit 1343. Current rental income reflects REAP-adjusted amounts. Projected gross rental income upon removal from REAP is approximately $3,346.81 per month, offering long-term upside potential for rental optimization and income growth. Strategically located near Pacific Coast Highway, the 110 Freeway, schools, shopping, and major employment centers within a high-demand rental corridor.
MLS Listing Information
MLS #
CRDW26034349
MLS Source
California Regional MLS
Days on Site
25
Interior Features
Appliances
Other
Cooling
Window/Wall Unit
Heating
Gravity, Wall Furnace
Exterior Features
Foundation
Concrete Perimeter, Raised
Pool
None
Style
Spanish, Traditional
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Other, Garage: 2 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1341 N Fries is a Triplex in Wilmington, CA 90744. This – square foot property sits on a 7,295 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $760,000 and was built in 1929. This address can also be written as 1341 N Fries, Wilmington, CA 90744.
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This listing information is up-to-date as of March 03, 2026. For the most current information, please contact Janeth Pazmino
