High-Clearance
For Sale
$2,000,000
650 Broad Avenue, Wilmington, CA 90744
Commercial Sale, Wilmington, CA
Property Size4,480 SF
Price / SF$446.43
Days on Market70
Property Features for 650 Broad Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
G & Broad
Subdivision
196 - East Wilmington
Standard status
Active
APN
7423013030
Additional Details
Property Use
Warehousing and Distribution, Contractor Operations, Pipe and Plumbing Supply, Light Manufacturing
Building Details
Year built
1990
Buildings
1
Listing Agency:
Keller Williams Pacific Estate · Keller Williams Realty
(562) 513-7800
Listed By:
Nataliya Abolfathi · License #02249227
(626) 688-7301
Added: Aug 27
Changed: Nov 2
Last Checked: Nov 4 at 2:06AM
MLS# PW26189441
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This freestanding warehouse contains 4,480 square feet, with a high-clearance interior, roll-up loading access, and an open floor plan. Storage space is also part of the building, which was constructed in 1990 and carries LAC2 zoning.
The Wilmington property is near the Port of Los Angeles and provides access to the 110, 710, and 405 freeways. The building’s configuration and loading feature support a range of warehouse and industrial functions, including distribution, contractor operations, pipe and plumbing supply, and light manufacturing, subject to applicable approvals and requirements.
The Wilmington property is near the Port of Los Angeles and provides access to the 110, 710, and 405 freeways. The building’s configuration and loading feature support a range of warehouse and industrial functions, including distribution, contractor operations, pipe and plumbing supply, and light manufacturing, subject to applicable approvals and requirements.
Key Highlights
- 4,480‑square‑foot freestanding warehouse
- High‑clearance interior with roll‑up loading access
- LAC2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,579
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,351,580
$1.4M
Cap Rate 7%
$965,414
$965.4K
Cap Rate 9%
$750,878
$750.9K
Market Conditions
NOI Build-Up for 4,480 SF
Gross rent
$84.9K $18.96/SF
− Vacancy
−$5.4K −$1.21/SF
EGI
$79.5K $17.75/SF
− OpEx
−$11.9K −$2.66/SF
NOI
$67.6K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,351,580
Cap Rate 7%
$965,414
Cap Rate 9%
$750,878
Alternative Uses
Best Use
Warehouse
$965.4K
$844.7K – $1.13M
NOI $67,579 @ 7.0% cap · market cap 3.38%
Second Best
Industrial
$795.0K
$695.7K – $927.6K
NOI $55,653 @ 7.0% cap · market cap 2.78%
Theoretical Best
Multifamily LT 5
$90.76M
$79.42M – $105.89M
NOI $6,353,348 @ 7.0% cap · market cap 317.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,267
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90744, CA
53,074
Population
15,536
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
62%
High-School Grad
8.9 sq mi
ZIP Area
5,963
Density / Sq Mi
$61,440
Median Household Income
$32,781
Median Earnings
$1,426
Median Rent
$596,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Bekins Moving-Storage — Wilmington, CA 90744
- Marine Wholesale & Warehouse co. — 220 N Fries Ave, Wilmington, CA 90744
- 505 Logistics — 505 E Harry Bridges Blvd, Wilmington, CA 90744
- Konoike — 901 East E Street, Wilmington, CA 90744
- Schafer Logistics — Eubank Ave, Wilmington, CA 90744
Frequently Asked Questions
What type of property is this?
Warehouse - LAC2-zoned space has roll-up loading access and an open interior for industrial operations.
Where is this warehouse located?
The property is located at 650 Broad Avenue Wilmington, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 4,480‑square‑foot freestanding warehouse; High‑clearance interior with roll‑up loading access; LAC2 zoning
