Wilmington Triplex with Income Potential

1467 W I StWilmington, CA 90744

2 bed
1 bath
1,000 sq ft

Offered at$989,900

Live in your 2BED 1BATH spacious unit with a extended living space up to a 3BED 2BATH!

Collect almost $4100 towards your mortgage! Property can be financed FHA/VA. Private direct access 1 car garage with laundry. These TRIPLEX Steps from Machado Lake and centrally located to Harbor College this well-maintained triplex offers an excellent opportunity for a first-time homebuyer to occupy one unit and rent the other two. With $4,055 monthly rental income towards your mortgage.

Recent improvements include vinyl windows in the lower units installed in 2025, a newer roof completed in 2020, fresh exterior paint and termite treatment in 2025, copper plumbing, low-maintenance landscaping, and two single-car garages. Vacant Unit #1 with stainless-steel appliances, a washer and dryer, direct access to a one-car garage, and move-in-ready interiors suited to a growing household.

Bedrooms: 2
Bathrooms: 1
Interior: 1,000sq ft
Year built: 1964

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Highlights

Well-maintained triplex near Machado Lake and Harbor College
$4,030/month in rental income from two occupied units
Recent upgrades include 2020 roof and 2025 vinyl windows
Two single-car garages plus additional parking potential

What it costs each month

$6,325/mo, estimated

Principal & interest: $5,005
Property tax: $1,031
Insurance: $289

Loan amount $791,920

Down payment$197,980

Interest rate%

Loan term

Property tax and insurance

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Tax rates vary by district, so adjust the figure to match this address.

An estimate for illustration only, not a loan offer, quote or approval. The interest rate above is a starting figure we picked, not a current market rate and not one you have been offered. Change it to a rate you have actually been quoted. Tax and insurance are estimates too. Actual payments depend on your lender, your credit and the final assessments. Speak to a lender for figures you can rely on.