Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1718 Avalon Blvd Wilmington, CA 90744

    • Apartment buildings
    • 14,112 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimations
    $2,590,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7192320
    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 1718 Avalon Blvd

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.27 lot acres
    Property size
    14,112 SF
    Zone code
    LAC1.5
    Property type
    Apartment buildings
    APN
    7422-001-043
    APU
    7422001043

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,785,000
      6.5%
      $3,495,000
      7%
      $3,245,000

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $3,305,000
      Current use
      WAREHOUSE, STORAGE
      $4,145,000
      Change: +25% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Los Angeles
    State
    California
    Longitude
    -118.263
    Latitude
    33.7982
    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
    $41,639
    $2,187,291
    $1,097,645
    $3,284,936
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $765,000
      3,912 SF

      1109 Anaheim St

      APARTMENT HOUSE (5+ UNITS) • 3,912 SF
      1109 Anaheim St, Wilmington, CA 90744-4136
      View Details
    • Value Estimation
      $665,000
      3,329 SF

      429 Bay Vw Ave

      APARTMENT HOUSE (5+ UNITS) • 3,329 SF
      429 Bay Vw Ave, Wilmington, CA 90744-5300
      View Details
    • Value Estimation
      $1,990,000
      15,504 SF

      910 We St

      APARTMENT HOUSE (5+ UNITS) • 15,504 SF
      910 We St, Wilmington, CA 90744-5276
      View Details
    • Value Estimation
      $750,000
      3,810 SF

      637 Mar Vis Ave

      APARTMENT HOUSE (5+ UNITS) • 3,810 SF
      637 Mar Vis Ave, Wilmington, CA 90744-4940
      View Details
    • Value Estimation
      $595,000
      9,977 SF

      205 Opp St

      APARTMENT HOUSE (5+ UNITS) • 9,977 SF
      205 Opp St, Wilmington, CA 90744-4584
      View Details
    • Value Estimation
      $1,055,000
      6,173 SF

      1014 Broad Ave

      APARTMENT HOUSE (5+ UNITS) • 6,173 SF
      1014 Broad Ave, Wilmington, CA 90744-4554
      View Details

    Similar Nearby for Sale

    • $8,995,000
      34,862 SF

      Wilmington Apartment Portfolio

      65 Units, High ROI Potential
      822 Marine Ave, Los Angeles, 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
    • $1,650,000
      5,301 SF

      Renovated Multifamily Property in Wilmington

      Seven-unit multifamily property with recent renovations and ADU potential.
      823 Lagoon Ave, Wilmington, CA 90744
      View Details
    • $725,000
      2,279 SF

      Wilmington Multifamily Investment Opportunity

      Five-unit multifamily property in Wilmington, near freeways and the Port.
      1515 E Young St, Wilmington, CA 90744
      View Details
    • $719,999
      2,055 SF

      Wilmington Triplex with Garage

      Well-maintained triplex in Wilmington, CA, with income and growth potential.
      705 Mcdonald Ave, Wilmington, CA 90744
      View Details
    • $749,900
      1,520 SF

      Wilmington Duplex Near Pacific Coast

      Well-maintained duplex with two units, convenient location, and income potential.
      1301 E Pacific Coast Hwy, Wilmington, CA 90744
      View Details

    Similar Nearby for Lease

    • $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
    • $5,500 /Mo

      Wilmington Lot for Storage or Truckyard

      Lot available for storage or truckyard near Anaheim St.
      Banning Blvd, Wilmington, CA 90744
      View Details
    • $2.00 SF/Yr

      Freestanding Building with Extra Land

      Freestanding building with secure yard near freeways.
      620 E Anaheim St, Wilmington, CA 90744
      View Details
    • $2.00 SF/Yr

      Freestanding Building on Extra Land

      Freestanding building with yard near freeways, suitable for storage.
      620 E Anaheim 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.
    1718 Avalon Blvd
    Wilmington, CA 90744
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!