1207 Bay View Ave - Apartments FOR SALE


Wilmington, CA 90744
$689,000 USD
424-405-3826
1207 Bay View Ave, Wilmington, CA for Sale
$689,000 USD
Apartments - FOR SALE
1/4
null | 1.03% Cap Rate

1207 Bay View Ave
Wilmington, CA 90744


HIGHLIGHTS

  • Great opportunity to acquire two two-bed/one-bath homes on one lot
  • Floor plans average over 800 square feet
  • Property also features on-site parking in the rear
  • Current rents are less than half of market rate: excellent valueadd opportunity
  • Offered as part of a Wilmington portfolio sale

OVERVIEW

PROPERTY TOURS AVAILABLE 1/20/2026 AND 1/22/2026. CONTACT LISTING AGENT FOR DETAILS. Marcus & Millichap is pleased to present to market 1207 Bay View Avenue in Wilmington, California. This asset consists of two two bed/ one-bath single-family homes on one lot that also offers surface parking. The homes average over 800 square feet and offer tenants the feeling of single-family home living without single-family home pricing, driving rental demand. Both units are currently rented at less than half of market rates, making this offering an excellent value-add opportunity. Wilmington continues to be a desirable rental market due to its proximity to the Ports of Los Angeles and Long Beach, major employment hubs, and convenient access to the 110 and 710 freeways. The area benefits from strong and consistent rental demand driven by port-related industries, logistics, healthcare, and ongoing neighborhood revitalization efforts. With limited housing supply and continued investment in the surrounding community, Wilmington remains well-positioned for long-term rental growth, making this property a solid addition to any residential income portfolio. 1207 Bay View Avenue is offered as part of a Wilmington portfolio sale along with 1144 Blinn Avenue, a 12-unit apartment complex, and 703 West L Street, a triplex. Properties available separately or together.

FOR SALE DETAILS

PRICE

$689,000 USD

PRICE/SF

$422 USD /SF

# OF UNITS

2

PRICE/UNIT

$344,500

CAP RATE

1.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1914

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,552 SF

ZONING

LAR1

APN/PARCEL ID

7415-009-002

ASK ABOUT THIS PROPERTY

Steve BogoyevacMarcus & MillichapMore Info
424-405-3826

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Steve BogoyevacMarcus & MillichapMore Info
424-405-3826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.