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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

720 King, Wilmington – $1,100,000

  • 5 Beds
  • 5 Baths
  • .26 Acres
  • 31 DOM
  • 5 Beds
  • 5 Baths
  • .26 Acres
  • 31 DOM

720 King

ADU Development Opportunity – 2plex + 3plex on Adjacent Lots ***Rare opportunity to acquire two properties on two side-by-side APNs with a combined lot size of 11,218 SF zoned LARD1.5, offering significant ADU expansion potential. The site configuration and zoning present the possibility to develop 7+ additional ADUs (buyer to verify with city), making this an attractive value-add and long-term unit expansion play. ***The property currently consists of total 5 units. 2 units are vacant, in rent-ready condition, allowing a buyer to lease at market rents while planning future development. Current rents are $1,424, $915, and $688, with additional income from on-site laundry. Investors benefit from existing cash flow while unlocking substantial upside through ADU development, a rare opportunity to significantly increase density and rental income on a large multifamily lot.

Essential Information

  • MLS® #SB26048458
  • Price$1,100,000
  • Bedrooms5
  • Bathrooms5.00
  • Acres0.26
  • Year Built1924
  • TypeResidential Income
  • Sub-TypeTriplex
  • StatusActive Under Contract

Community Information

  • Address720 King
  • Area195 - West Wilmington
  • CityWilmington
  • CountyLos Angeles
  • Zip Code90744

Amenities

  • PoolNone

Interior

  • # of Stories1
  • StoriesOne

Exterior

  • Lot DescriptionRectangular Lot, Walkstreet

Additional Information

  • Date ListedMarch 9th, 2026
  • Days on Market31

Listing Details

  • AgentOlga Wright

Office

Lyon Stahl Investment Real Estate, Inc.

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Price Change History for 720 King, Wilmington, (MLS® #SB26048458)

Date Details Change
Status Changed from Active to Active Under Contract

Olga Wright, Lyon Stahl Investment Real Estate, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of April 10th, 2026 at 2:41am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.