ActiveSingleFamilyResidence

1041 King

Wilmington, CA, 90744

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$799,000

MLS: SB26080259

Beds

3

Baths

2

Sq Ft

1,640

Lot

0.14 ac

Year Built

1929

MLS #

SB26080259

Days on Market

2

Listed

Apr 20, 2026

Description

Rare Wilmington Gem: Spacious Family Home with Master Suite Retreat! Welcome home to 1041 King Ave, where urban living meets convenience. walking distance of Los Angeles Harbor College and Harbor Park Golf Course. Built in 1929 and extensively updated, with Open floor plan and large kitchen, this 3-bedroom home offers the space your family needs to grow. Parents will fall in love with the 2013 second-story addition, providing a private master bedroom with its own bathroom and balcony overlooking the yard. Kids and pets have plenty of room to play on the large 6,269 sq. ft. Perfectly positioned for families, you are within walking distance to Gulf Avenue Elementary and just a short drive to Ken Malloy Harbor Regional Park and Wilmington Waterfront Park. Don't miss your chance to own a move-in-ready classic in a vibrant, culture-rich pocket of Los Angeles. Build your ADU in an oversized detatched Garage space.

Location

Wilmington, Los Angeles County, CA 90744

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Listed by: Surbhi Bhagat · eXp Realty of California Inc

Payment estimate

$5,850

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $79,900 · Loan: $719,100

%
Principal & Interest
$4,418
Property tax (1.25%)
$832
Homeowners insurance
$300
Mortgage insurance
$300
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Wilmington home with as little as 3.5% down using an FHA loan — roughly $27,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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