705 McDonald Avenue, Wilmington, CA 90744
- $689,000
- List Price
- $689,000
- Price Change
- ▼ $30,999 1788224722
- Status
- ACTIVE
- MLS#
- SW25218543
- Year Built
- 1954
- Lot Size
- 4,801
- Acres
- 0.11
- Lot Location
- 2-5 Units/Acre, Corner Lot, Front Yard, Street Level
- Days on Market
- 341
- Property Type
- Multifamily
- Style
- Contemporary
- Property Sub Type
- Triplex
- Stories
- One Level
Property Description
New Price Improvement! 705 McDonald Ave is an excellent opportunity for both investors and home buyer’s looking to acquire a well-maintained triplex with multiple income and occupancy options. The property features three spacious 2-bedroom, 1-bath units (705, 707 & 709), each with its own private garage. Situated on a corner lot with a wide driveway and shared laundry, the property offers a practical setup designed for comfortable tenant living. A buyer can potentially occupy one unit while generating rental income from the remaining units, while investors can take advantage of the flexibility to lease the vacant unit at market terms or use it strategically for future plans. Conveniently located near schools, parks, shopping, dining, and major freeways, 705 McDonald Ave offers the combination of location, functionality, and flexibility that makes multifamily ownership attractive. Potential ADU opportunity may offer additional upside; buyer to independently verify zoning, feasibility, permits, and all applicable requirements. Whether you're expanding your portfolio or looking for an opportunity to live in one unit while offsetting expenses with rental income, this triplex is worth a closer look.
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Additional Information
- Appliances
- Dryer, Washer
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Roof
- Composition, Shingle
- Garage Spaces Total
- 3
- Sewer
- Other
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $36,624
- Operating Expense
- 30998
Listing courtesy of Listing Agent: Billy Jones (BILLYJONES@KW.COM) from Listing Office: KW Temecula.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.