Property profile

810 N Avalon Blvd Wilmington, CA 90744

FOR SALE
Investment properties
Property ID
US09-8066936
7,500 SF 0.17 ac lot Built 1927
Trust Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 7,500 square foot retail property, located at 810 Avalon Boulevard in Wilmington, CA, presents a unique investment opportunity. Built in 1927, this charming building boasts two inviting street-level storefronts ideal for retail businesses, complemented by six spacious private office spaces on the upper level. The building's original hardwood floors and high ceilings contribute to its inherent character and charm, while abundant natural light creates a welcoming atmosphere. Situated on a 0.17-acre lot in the heart of downtown Wilmington, the property benefits from high foot traffic and a strong sense of community. Its strategic location offers easy access to Wilmington's Waterfront Park and the Port of Los Angeles, providing both recreational and industrial advantages. The flexible zoning allows for a variety of uses, maximizing the property's potential. The current rental income presents a solid foundation for investors, while the potential for rent increases offers significant upside. This property is perfectly suited for both owner-occupiers seeking a unique business location and investors looking for a strong return on investment in a vibrant, growing area. The combination of historical charm, prime location, and versatile zoning makes this a truly exceptional opportunity.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1927
Construction TILT-UP CONCRETE
Total area 7,500 SF
Lot 0.17 ac (7,507 SF)
Zoning code LAC2
APN 7423-003-020
UPID US09-8066936

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Ophthalmologist (Bike/Boat/Book/etc) Store
  • Physician
  • Physician
  • Physician
  • Trucking Company

Location

810 N Avalon Blvd Wilmington, CA 90744
Wilmington metro Census 294701 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
$631k
Blend (final) Blend
$310k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

LAC2 · Wilmington, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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