Property
Listing Agent: Steven Bogoyevac (DRE #01332755) · Listing Office: Steven M. Bogoyevac, Broker · Contact: steve.bogoyevac@marcusmillichap.com · Bought with: Jimmy Leach · NONMEMBER MRML · MLS #PW26084807 · Source: CRMLS
1020 Broad sold for $1,300,000 in July 2026, 5.5% under its $1,375,000 list price, after 21 days on the market. Across 75 closed sales in 90744 over the last 12 months, the median sold price is $700,000 and the median is $530 per square foot.
| Quarter | Closed sales in 90744 | Median sold price |
|---|---|---|
| Q1 2026 | 5 | $750,000 |
| Q2 2026 | 30 | $729,000 |
| Q3 2026 | 36 | $684,500 |
| Q4 2026 | 4 | $699,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Wilmington · Homes for sale in 90744
1020 Broad Avenue is an excellent investment opportunity for an investor looking for a value-add acquisition with a massive 71 percent rental upside potential and a strong unit mix in a dense rental submarket undergoing significant redevelopment. 1020 Broad Avenue is a 1958 construction with eight two-bedroom/one-bath units that are separately metered for gas and electricity. The building is situated on a 8,483-square foot lot that offers surface parking both in the front and rear of the building. The building also offers shared laundry facilities. The property boasts several recent substantial improvements, including a new roof and water heater in 2020, replacement of the second-story walkway for SB721 compliance in 2021, and the complete remodeling of two unit interiors at a cost of approximately $50,000. Wilmington is in the midst of a transformation driven by significant public and private investment along the LA Waterfront. The Port of Los Angeles recently delivered the $77 million Wilmington Waterfront Promenade, converting former industrial land into a vibrant nine-acre destination with parks, pedestrian paths, and waterfront access. Construction recently began on the Avalon Pedestrian Bridge and Promenade Gateway, a $150M large-scale project set to add roughly 12 additional acres of open space while physically linking the waterfront to Wilmington’s commercial corridors, enhancing foot traffic and neighborhood connectivity. Together, these projects are part of a broader master plan to reposition Wilmington from an industrial-adjacent neighborhood into a more accessible, amenity-rich coastal community.
Listing description from the July 2026 sale, as reported to CRMLS.
Closed sales reported in 90744, nearest first, last 12 months. All recent sales in Wilmington →