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
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.
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.