$760,000

1341 N Fries, Wilmington (los Angeles), CA 90744

  • 5 beds
  • 2,192 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $347/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

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.

Listing Status:
Active
Date Added:
February 14, 2026
Data Last Updated:
March 4, 2026 at 3:09PM
Listing Office:
Keller Williams SELA : 714-861-5500
Listing Agent:
Janeth Pazmino : 562-335-5960
MLS ID:
CRDW26034349
  • Laundry: Common AreaGas Dryer HookupOther
  • A/C: Wall/Window Unit(s)
  • Heating: GravityWall Furnace
  • General: Other
  • Parking: OtherUncovered Parking Space
  • General: StuccoOtherPlaster
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAR17420005012
  • View: None
  • Fencing: Chain LinkWood
  • Source: CRMLS

This listing courtesy of Janeth Pazmino , Keller Williams SELA

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fries Avenue Elementary

1301 N Fries Ave, Wilmington, CA, 90744

Grades KG-5

0.11 miles away

H

Harry Bridges Span School

1235 Broad Ave, Wilmington, CA, 90744

Grades KG-8

0.31 miles away

D

Dan M. Issacs Avalon High School

1425 N Avalon Blvd, Wilmington, CA, 90744

Grades 9-12

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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