Property summary
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
VerifiedCap rate & NOI
Current use
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Ophthalmologist (Bike/Boat/Book/etc) Store
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Physician
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Physician
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Physician
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Trucking Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LAC2 · Wilmington, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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