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822-826 N Avalon Blvd 5,000 SF 100% Leased Retail Building Wilmington, CA 90744 $1,100,000 ($220/SF)



EXECUTIVE SUMMARY
Historic Food & Beverage Facility with 2 Adjacent Retail Units
Previously 1776 Sq. Ft.** of Beverage & Food Space
Two (2) Retail /Office Units of 3443 Sq. Ft.**
Off Street Parking of 4+ Cars Fully Fenced Yard
All adjacent to Wilmington Town Square Park
Three (3) Front Doors & Three (3) Rear Doors with Two (2) Meters
Total of Three (3) Restrooms
7509 Sq. Ft. Land with C-2 Zoning with Possibility of Live/Work
Located on Other Side of Concrete Alley from Historical Los Angeles Fire Department Engine # 3
Architectural Bow & Truss System
Bonus 270 Sq. Ft.** of Free Standing Masonry Block Storage or Possible Light Manufacturing Space (NOT INCLUDED IN SQ. FOOTAGE) At No Charge
Directly Across the Street from a Fully Entitled 69 Unit Housing Development
** Verify all measurements are correct**
Previously 1776 Sq. Ft.** of Beverage & Food Space
Two (2) Retail /Office Units of 3443 Sq. Ft.**
Off Street Parking of 4+ Cars Fully Fenced Yard
All adjacent to Wilmington Town Square Park
Three (3) Front Doors & Three (3) Rear Doors with Two (2) Meters
Total of Three (3) Restrooms
7509 Sq. Ft. Land with C-2 Zoning with Possibility of Live/Work
Located on Other Side of Concrete Alley from Historical Los Angeles Fire Department Engine # 3
Architectural Bow & Truss System
Bonus 270 Sq. Ft.** of Free Standing Masonry Block Storage or Possible Light Manufacturing Space (NOT INCLUDED IN SQ. FOOTAGE) At No Charge
Directly Across the Street from a Fully Entitled 69 Unit Housing Development
** Verify all measurements are correct**
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,000 SF
Building Class
C
Year Built
1948
Price
$1,100,000
Price Per SF
$220
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.67
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
LAC2
Parking
3 Spaces (0.6 Spaces per 1,000 SF Leased)
Frontage
90’ on Avalon Blvd
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7423-003-017 | Improvements Assessment | $154,078 |
| Land Assessment | $100,007 | Total Assessment | $254,085 |
PROPERTY TAXES
Parcel Number
7423-003-017
Land Assessment
$100,007
Improvements Assessment
$154,078
Total Assessment
$254,085
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822-826 N Avalon Blvd
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