632 N Wilmington Boulevard
Wilmington, CA, 90744
$1,585,000
MLS: SB26162903
Beds
—
Baths
—
Sq Ft
5,336
Lot
0.15 ac
Year Built
1986
MLS #
SB26162903
Days on Market
84
Listed
Jul 27, 2026
Description
This gorgeous property is every Investor's Dream . . . a well-maintained, quiet building with ultra-stable residents. Moreover, the building was built in 1986, and therefore, it is NOT subject to LA City Rent Control. This fantastic investment property consists of six (6) 2-bedroom apartment units and a total of thirteen (13) parking spaces, six of which are found in enclosed garages. The new roof was installed in 2024 and the building was freshly painted in June of 2026. Other features include entry gates and an on-site laundry room. Nestled squarely in the heart of Wilmington, the property is conveniently located close to shopping, restaurants, financial institutions, parks, places of worship, employment centers, and public transportation. Another feature is the upside potential with respect to the property's rental income; again, the building is NOT subject to LA City Rent Control.
Location
Wilmington, Los Angeles County, CA 90744
Open on Google Maps ↗Listed by: Steven Skorpanich · The Realestate Group
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$12,422
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $158,500 · Loan: $1,426,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,877
- Property tax (1.25%)
- $1,651
- Homeowners insurance
- $300
- Mortgage insurance
- $594
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $55,475 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.
★#1 Producing Individual Realtor, Antelope Valley
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