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1341 N FriesWilmington, CA 90744

For Sale

$760,000

Smart Buyer Rebate $6,500

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.

Listed by Janeth Pazmino

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License #01716493

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Keller Williams SELA

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562-335-5960

Last updated March 02, 2026

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Source: CRMLS #DW26034349

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilmington
  • Days on Prevu30
  • Taxes$10,375/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/03/2026
Price Increased
$760,000
02/14/2026
Listed by Keller Williams SELA
$720,000

Property Details for 1341 N Fries

Association

Amenities

  • Community Features: Curbs, Street Lights, Sidewalks, Urban

Exterior

Construction

  • Number Of Units Total: 3
  • Property Condition: Fixer, Repairs Cosmetic
  • Stories: 1
  • Stories Total: 1
  • Window Features: Blinds, Double Pane Windows, Screens, Wood Frames
  • Year Built: 1929
  • Architectural Style: Spanish, Traditional
  • Common Walls: No Common Walls
  • Construction Materials: Frame, Plaster, Stucco
  • Entry Level: 1
  • Entry Location: Ground Level
  • Exterior Features: Lighting, Rain Gutters

Features

  • Direction Faces: West
  • Fencing: Chain Link, Stucco Wall, Wood, Wrought Iron
  • Other Structures: Two On A Lot
  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 2,192
  • Building Area Units: Square Feet
  • Lot Features: 16-20 Units/Acre, Level, Near Public Transit, Rectangular Lot, Yard
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,295
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,295
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 7420005012
  • Tax Annual Amount: $10,375.00

Other

Location

  • Tax Lot: 12

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Concrete, Driveway, On Site, Uncovered
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Electric: Electricity - On Property, Standard
  • Heating: Gravity, Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area, Washer Hookup, Gas Dryer Hookup, Outside
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1341 N Fries.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1341 N Fries.

What are the annual taxes for 1341 N Fries?

Annual taxes for this multi-family home are estimated at $10,375.

How does 1341 N Fries compare to other multi-family homes in Wilmington?

This multi-family home is listed 20% below the average price for multi-family homes in Wilmington and has been on the market for 81 less days than the typical home in this area.

1341 N Fries is a -bedroom multi-family home for sale in Wilmington CA 90744. On Prevu for 30 days at $760,000. This includes a recent price increase of $40,000. This home is located in Wilmington. The median listing price for multi-family homes in this area is $650,000. The home offers parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.