ActiveSingleFamilyResidence

1262 N Lagoon

Wilmington, CA, 90744

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$899,000

MLS: PW25275278

Beds

4

Baths

3

Sq Ft

1,720

Lot

0.11 ac

Year Built

1932

MLS #

PW25275278

Days on Market

1

Listed

Dec 12, 2025

Description

Beautifully updated home located in a quiet and prestigious area of Wilmington. This property has been fully renovated with brand new plumbing, kitchen, cabinets, bathrooms, closets, and laminated wood flooring throughout. Originally a 3 bedroom, 2 bath home, it has been thoughtfully reconfigured into a spacious 4 bedroom, 3 bath layout with a total gross living area of $1,720 square feet. The newly added fourth bedroom features a walk in closet and a private rear entrance, offering excellent potential for independent living or rental income. The open concept living room flows seamlessly into the upgraded kitchen, which includes a new stove, microwave, and a newly installed roof vent. This home is move in ready and designed for modern comfort and convenience.

Location

Wilmington, Los Angeles County, CA 90744

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Listed by: Michael Avendano · Amberwood Real Estate, Inc.

Payment estimate

$6,545

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $89,900 · Loan: $809,100

%
Principal & Interest
$4,971
Property tax (1.25%)
$936
Homeowners insurance
$300
Mortgage insurance
$337
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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 $31,465 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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