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24412 Broad, Wilmington, CA 90744

$499K2bd · 1ba · 835 sqft
Lot 3,252 sqft•Single Family Residence•
Active
•109d on market•MLS# SB-26138751

Property Description

Investment opportunity in Wilmington! This 2-bedroom, 1-bath home offers approximately 835 square feet of living space on a 3,252 square foot lot. Inside, you’ll find an updated kitchen featuring granite countertops, spacious living and dining areas, indoor laundry, and plenty of natural light. The attached garage is currently being used as a bonus room, offering flexible space for a home office, gym, playroom, or additional storage, with the potential to be converted back to garage parking if desired. Outside, enjoy a covered patio, generous backyard, long driveway, and additional outdoor space. Conveniently located near Broad Avenue Elementary School, shopping, dining, parks, major freeways, and the Port of Los Angeles. A great opportunity to add a property with long-term potential to your portfolio or purchase now with future flexibility. Buyer to verify all information, including square footage, permits, zoning, and current use of the bonus room.

Features & Amenities

FeeBuilt 1955

Property Details

Land Type
Fee
Year Built
1955
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
1
Heating
Wall Furnace
Cooling
None
View
None
City
Wilmington
Zip Code
90744
County
Los Angeles
Listed byeXp Realty of Greater Los Angeles, Inc., James Daniel

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,523.22
Principal & Interest
Loan Amount
$399,200
Total Interest
$509,158
Total Payment Over 30 Years
$908,358
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 4 active · 5 closed

24412 Broad, Wilmington, CA 90744

Wilmington · Single Family Residence

$499K
Affordable Tier
Beds
2
Baths
1
Sqft
835
Lot
3,252 sqft
Year
1955
$/Sqft
$598
Pool: No✓
View: None✓
Garage: 1-car✓

Listed 24.4% below the median closed sale of $660,000. Price per sqft ($598) is a 26% discount to closed comps ($811). Closed comps sold at 101% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $499K· $598/sqft
Total list price
Closed comps
vs closed median $660K
−$161K (−24.4%)
Active comps
vs active median $750K
−$251K (−33.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $740
−$142 (−19.1%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1433 NeptuneWilmington1927219206,648$815$749,9505876
1430 Lakme AvenueWilmington1956321,1205,401$638$715,0002176
1511 O StreetWilmington1954321,2615,315$515$650,000868
1467 I StreetWilmington1964641,0006,876$990$989,9003460
Total: 4 · Average3.52.31,075.256,060$739.5$776,212.530.25
Median1,120$749,950

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
24524 AvalonWilmington192610/06/2026218162,850$579,000$565,000$6920.985588
1316 RavennaWilmington195107/31/2026216965,551$649,000$650,000$9341.005587
1502 Lakme AvenueWilmington195209/25/2026317835,673$650,000$660,000$8431.018486
1727 Van TressWilmington196208/28/2026319394,990$710,000$739,000$7871.045185
924 Frigate AvenueWilmington192408/07/2026218445,517$675,000$675,000$8001.007283
Total: 5 · Average2.41.0815.64,916.2$657,800$657,800$811.2—63.4
Median816$660,000$660,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.