Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1051 Watson Ave Wilmington, CA 90744-3719

    • Apartment buildings
    • 4,032 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Last Sale
    Mar 07, 2022
    $395,000
    Location Intelligence
    Property ID
    US09-8067310
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1051 Watson Ave

    Year built
    1947
    Construction
    WOOD
    Lot size
    0.20 lot acres
    Property size
    4,032 SF
    Zone code
    LAR2
    Property type
    Apartment buildings
    APN
    7425-032-002
    APU
    7425032002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Los Angeles
    State
    California
    Longitude
    -118.248
    Latitude
    33.7852
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,959
    $264,751
    $221,651
    $486,402
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,592 SF

      953 Fries Ave

      APARTMENT HOUSE (5+ UNITS) • 2,592 SF
      953 Fries Ave, Wilmington, CA 90744-4403
      View Details
    • Value Estimation by Request
      13,758 SF

      132 I St

      APARTMENT HOUSE (5+ UNITS) • 13,758 SF
      132 I St, Wilmington, CA 90744-4500
      View Details
    • Value Estimation by Request
      15,820 SF

      627 Is Ave

      APARTMENT HOUSE (5+ UNITS) • 15,820 SF
      627 Is Ave, Wilmington, CA 90744-5432
      View Details
    • Value Estimation by Request
      9,100 SF

      201 F St

      APARTMENT HOUSE (5+ UNITS) • 9,100 SF
      201 F St, Wilmington, CA 90744-5511
      View Details
    • Value Estimation by Request
      6,758 SF

      911 Marine Ave

      APARTMENT HOUSE (5+ UNITS) • 6,758 SF
      911 Marine Ave, Wilmington, CA 90744-4456
      View Details
    • Value Estimation by Request
      13,746 SF

      303 Mcdonald Ave

      APARTMENT HOUSE (5+ UNITS) • 13,746 SF
      303 Mcdonald Ave, Wilmington, CA 90744-5336
      View Details

    Similar Nearby for Sale

    • $929,000
      3,270 SF

      Wilmington Apartment Building For Sale

      Six 1-bedroom units in Wilmington, CA with upgrades.
      329 W Ross Pl, Wilmington, CA 90744
      View Details
    • $1,100,000
      3,900 SF

      Prime LA 4plex Investment

      Four-unit apartment building, high rental potential.
      716 Mcdonald Ave, Los Angeles, CA 90744
      View Details
    • New
      $1,300,000
      6,100 SF

      Wilmington Multifamily Investment Opportunity

      Well-maintained 8-unit multifamily property in Wilmington, CA.
      923 W G St, Wilmington, CA 90744
      View Details
    • $8,995,000
      34,862 SF

      Wilmington Apartment Portfolio

      65 Units, High ROI Potential
      822 Marine Ave, Los Angeles, CA 90744
      View Details
    • $1,000,000
      6,870 SF

      Wilmington Mixed-Use Investment Opportunity

      Mixed-use property with residential and commercial units in Wilmington.
      710 W Anaheim St, Wilmington, CA 90744
      View Details
    • $929,000
      3,270 SF

      Wilmington Apartment Building For Sale

      Six-unit apartment building in Wilmington, CA with upgrades.
      323 W Ross Pl, Wilmington, CA 90744
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo

      Medical/Dental Office Space Available

      Well-maintained office space suitable for medical or dental practices.
      123 E F St, Wilmington, CA 90744
      View Details
    • $12 SF/Yr
      58,817 SF

      Los Angeles Warehouse: 58,817 SF

      Spacious industrial warehouse, ideal truck location.
      430 Lecouvreur Ave, Los Angeles, CA 90744
      View Details
    • $650 /Mo
      350 SF

      Downtown Wilmington Office Space Available

      Classic 1927 office spaces for lease in Downtown Wilmington.
      810 N Avalon Blvd, Wilmington, CA 90744
      View Details
    • Contact for pricing

      Truck/Container Storage Yard For Rent

      Truck/container storage yard for rent near the Port of Los Angeles.
      Wilmingtron, Wilmington, CA 90744
      View Details
    • $15,000 /Mo

      Wilmington Truck Yard for Rent

      21,000 SF fenced and paved truck yard for rent.
      505 Flint Ave, Wilmington, CA 90744
      View Details
    • $5,500 /Mo

      Wilmington Lot for Storage or Truckyard

      Lot available for storage or truckyard near Anaheim St.
      Banning St, Wilmington, CA 90744
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1051 Watson Ave
    Wilmington, CA 90744-3719
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.