
Wilmington, California 90744
Analysis of 1118 N Avalon, Wilmington, California 90744 is currently available with a list price of $899,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Wilmington Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1929, this mixed-use property is functional and currently income-generating but is marketed as a 'value-add' opportunity, indicating it is aged and requires modernization. While the main building's exterior appears maintained, the cracked asphalt in the rear parking lot and the boarded-up secondary structure suggest deferred maintenance. The lack of interior photos for a century-old building typically points to outdated kitchen and bathroom fixtures that have not undergone recent major renovations.
Elementary School: Taper Avenue Elementary School (9/10).
The property features a diverse unit mix including retail, office, and residential spaces, providing multiple revenue streams and flexibility for owner-users or investors.
An oversized 10,000 SF lot accommodates eight on-site parking spaces plus five single-car garages, offering rare utility and significant supplemental rental income.
Built in 1929, the property may require substantial capital expenditures for modernization and maintenance of its nearly century-old systems.
Overseeing a mixed-use asset with four distinct units and five separate garage rentals requires more complex management and diverse leasing expertise than a standard residential investment.
Perfect owner-user or value-add mixed-use opportunity in Wilmington. This offering consists of four total units, including two ground-floor retail spaces, one upstairs office, and one 2-bedroom residential unit. Two units are currently vacant, allowing for immediate occupancy or repositioning, while two units are occupied, providing in-place income. The property sits on an oversized 10,000 SF lot and features eight on-site parking spaces in the rear. Additionally, there are five single-car garages, all currently rented, generating supplemental income.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1929 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jan 26, 2026
$899,000
Initial Listing
Nov 8, 2023
$826,000
Public Record