Stacey Alysson Melman

823 Lagoon Wilmington CA 90744 MLS #SR26022311

823 Lagoon
Wilmington, CA, 90744
$1,595,000
Beds
0 Baths
0 SqFt
0.17 Acres
Add
MLS #SR26022311 image #0
Sapphire Crest is a fully renovated seven-unit multifamily property located at 823 Lagoon Avenue in Wilmington, California. The two-story, garden-style building encompasses approximately ±5,301 square feet on a ±7,512 square-foot LARD1.5-zoned lot.

Originally constructed in 1965, the property underwent a comprehensive renovation in 2023, including remodeled interiors, a new roof, new windows, drought-tolerant landscaping, and a freshly painted exterior. In May 2024, all electrical subpanels were replaced, enhancing overall system functionality and building condition.

The apartment units feature modern finishes, updated kitchens and bathrooms, new flooring, wall-mounted air conditioning, and ample cabinet and storage space. The property is separately metered for gas and electricity and includes on-site laundry facilities and garage parking for seven vehicles.

Architectural drawings have been completed for a potential approximately ±760 square-foot two-bedroom, two-bath accessory dwelling unit (ADU), subject to buyer verification and applicable approvals.

Sapphire Crest is located within an established residential pocket of Wilmington in Los Angeles County, offering convenient access to surrounding employment areas, coastal communities, and regional transportation corridors. The property is in proximity to Long Beach, San Pedro, Carson, Torrance, and Lakewood.

The location provides efficient access to the 110 and 1 Freeways, supporting connectivity throughout the South Bay and greater Los Angeles region. Long Beach Harbor and the Queen Mary are approximately a 15-minute drive. Nearby institutions such as Los Angeles Harbor College and Ken Malloy Harbor Regional Park contribute to the area’s residential character and community amenities.

The immediate area offers walkable and bike-friendly access to nearby retail, dining, and everyday services. The combination of residential setting, access to transportation routes, and proximity to regional destinations supports continued residential use within this coastal submarket.
AGENT: Raymond Rodriguez
LISTING BROKERAGE: Equity Union
823 Lagoon
Wilmington, CA

Property Details

Price:
$1,595,000
MLS #:
SR26022311
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
195westwilmington
Listed Date:
Jan 30, 2026
Total Sq Ft:
5,301
Lot Size:
7,512 sqft / 0.17 acres (approx)
Year Built:
1965
195 – West Wilmington195westwilmington
Ask a Question

See this Listing

Send
  

Schools

Interior

Laundry Features
AR
Levels
U

Exterior

Common Walls
_2CW
Community Features
GOLF, WATE
Garage Spaces
7
Parking Spots
7
Parking Total
7

Financial

Net Operating Income
$113,291

Map

Community

Similar Listings Nearby

broker reciprocity
MLS# SB26098552broker reciprocity
1958 Pine
Long Beach, CA

$2,030,000

4.4 miles away

broker reciprocity
MLS# PW26013186broker reciprocity
406 E 7th
Long Beach, CA

$2,025,000

4.6 miles away

broker reciprocity
MLS# SB26124408broker reciprocity
23118 Pennsylvania AV
Torrance, CA

$1,999,999

4.1 miles away

broker reciprocity
MLS# PW25191326broker reciprocity
25601 Crenshaw BL
Torrance, CA

$1,999,999

4.0 miles away

broker reciprocity
MLS# PV26116791broker reciprocity
11 Avenida De Magnolia
Rancho Palos Verdes, CA

$1,995,000

4.5 miles away

broker reciprocity
MLS# PV26094500broker reciprocity
1152 W. 24th St.
San Pedro, CA

$1,950,000

4.5 miles away

broker reciprocity
MLS# SB25237879broker reciprocity
906 Sartori
Torrance, CA

$1,950,000

4.9 miles away

broker reciprocity
MLS# SB26105482broker reciprocity
3121 Deluna
Rancho Palos Verdes, CA

$1,930,000

4.5 miles away

broker reciprocity
MLS# RS25270178broker reciprocity
238 W 10th
San Pedro, CA

$1,899,999

3.2 miles away

broker reciprocity
MLS# SB26107810broker reciprocity
2507 W 233rd ST
Torrance, CA

$1,895,000

4.2 miles away