1722 N Avalon Blvd
Wilmington, CA 90744
Avalon Apartments · Multifamily Property For Sale
·
18 Units
Property Facts
| No. Units | 18 | Building Size | 14,112 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1980 |
| Building Class | C | Parking Ratio | 1.28/1,000 SF |
| Lot Size | 0.27 AC | ||
| Zoning | LAC1.5 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 14,112 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1980 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | LAC1.5 |
Amenities
Unit Amenities
- Balcony
Site Amenities
- Laundry Facilities
About 1722 N AVALON BLVD , WILMINGTON, CA 90744
PRICE JUST REDUCED $245,000 - MOTIVATED SELLER - SELLER'S UPLEG IS UNDER CONTRACT NON-CONTINGENT BEST AND FINAL OFFERS DUE THURSDAY, MAY 10TH AT 3PM. Property tours will be held Monday, May 7th 10-2pm and Tuesday May 8th 10-2pm. Marcus & Millichap is pleased to present 1718 North Avalon Boulevard, an 18-unit apartment building in Wilmington, California. Wilmington is a majority-renter market located adjacent to the ports of Los Angeles and Long Beach. The property is located near the intersection of Avalon and Lomita boulevards, less than a quarter-mile from Phineas Banning Senior High School and less than 500 feet from Wilmington Christian School. The offering consists of a desirable 1980 construction with 18 one-bedroom lofts; as a 1980 construction, this property is not subject to rent control. The units are separately metered for gas and electricity and boast large open layouts that average 780 square feet. The property also features 18 gated parking spaces, on-site laundry, and private balconies and patios for tenants’ enjoyment. With steady cash flow on current rents and potential upside in rents, 1718 North Avalon presents an excellent opportunity to acquire a non-rent control asset in a strong rental submarket.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | $1,235 | - |
Property Taxes
| Parcel Number | 7422-001-043 | Improvements Assessment | $1,115,517 |
| Land Assessment | $2,231,036 | Total Assessment | $3,346,553 |
Property Taxes
