720 King, Wilmington, CA 90744
Triplex
Sold May 2026
Listing Agent: Olga Wright (DRE #01315042) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-801-7373 · Bought with: Olga Wright · Lyon Stahl Investment Real Estate, Inc. · MLS #SB26048458 · Source: CRMLS
How this sale compares
720 King sold for $1,000,000 in May 2026, 9.1% under its $1,100,000 list price, after 1 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
Description
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.
Listing description from the May 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 720 King
823 W G: Sold $1,190,000 · Jul 2026 · 0.2 mi
VIP RE Firm | DRE #02054851
Buyer's agent: Stephen Heflin, RIGHT HERE REALTY | DRE #02125545801 W F Street: Sold $816,000 · Oct 2026 · 0.2 mi
Estate Properties | DRE #00983274
Buyer's agent: Marilu Martinez Perez, Keller Williams Realty | DRE #02236258912 Frigate: Sold $655,000 · 3 bd · 1 ba · 1,126 sqft · Jul 2026 · 0.2 mi
KEITHLY CAPITAL ADVISORS, INC | DRE #01516848
Buyer's agent: Irma Vasconcelos, South Bay Coast Realty | DRE #01277688924 Frigate Avenue: Sold $675,000 · 2 bd · 1 ba · 844 sqft · Aug 2026 · 0.3 mi
Redfin Corporation | DRE #01752799
Buyer's agent: Gerald Morales, eXp Realty of California Inc | DRE #01942052447 Hawaiian: Sold $552,000 · 2 bd · 1 ba · 672 sqft · May 2026 · 0.3 mi
Del Mar Realty | DRE #01440106
Buyer's agent: Phillip Nunez, Keller Williams Realty | DRE #01421807414 Gulf Avenue: Sold $692,000 · 2 bd · 1 ba · 1,054 sqft · Aug 2026 · 0.3 mi
Keller Williams Realty | DRE #01786468
Buyer's agent: Rachel Lillard, Keller Williams Pacific Estate | DRE #020915951041 King: Sold $820,000 · 3 bd · 2 ba · 1,640 sqft · May 2026 · 0.3 mi
eXp Realty of California Inc | DRE #01987970
Buyer's agent: Saul Ramirez, HomeSmart Realty Group | DRE #020104601442 W G Street: Sold $730,000 · 3 bd · 3 ba · 1,476 sqft · Jun 2026 · 0.4 mi
AACE Financial Services | DRE #01902097
Buyer's agent: Mauricio Barajas, Century 21 Masters | DRE #01761955
Closed sales reported in 90744, nearest first, last 12 months. All recent sales in Wilmington →