1435 1437 E Colon ST
Wilmington, CA, 90744
$874,800
MLS: OC25155880
Beds
5
Baths
2
Sq Ft
1,475
Lot
0.11 ac
Year Built
1920
MLS #
OC25155880
Days on Market
224
Listed
Jul 14, 2025
Description
Discover the potential of this fully remodeled duplex at 1435-1437 E Colon Street, ideally located in the up-and-coming Wilmington neighborhood. This turnkey property offers two spacious units, each updated with renovated bathrooms, Kitchens, new flooring throughout, dual-pane windows, and modern finishes. Major improvements include a new roof, upgraded plumbing, new HVAC systems, new electrical panels, and new water heaters, providing peace of mind and minimal maintenance for years to come. One of the units features gated tandem parking, adding extra security and convenience for tenants — a rare find in the area. The property also offers off-street parking and private outdoor spaces for both units. Close to local schools, parks, shopping centers, and major freeways, this duplex is ideally positioned for stable cash flow and strong rental demand. Don’t miss out — remodeled, income-producing duplexes like this don’t last long. Contact us today to schedule your private showing and secure this solid investment!
Location
Wilmington, Los Angeles County, CA 90744
Open on Google Maps ↗Listed by: Billy Rosenberg · Billy Rosenberg, Broker
Payment estimate
$6,377
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $87,480 · Loan: $787,320
- Principal & Interest
- $4,837
- Property tax (1.25%)
- $911
- Homeowners insurance
- $300
- Mortgage insurance
- $328
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 $30,618 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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