24524 S Avalon, Wilmington, California 90744, Wilmington, 90744 - 2 bed, 1 bath
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24524 S Avalon
Wilmington, California 90744
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
1Baths
816Sq Ft
2,850Lot Size
Property Price
LIST PRICE$579,000
EST. MARKET VALUE
$532,899
8% AboveMARKET VALUE
SUMMARY
This 1926 residence represents a High-Potential Investment Opportunity, listed at a List Price of $609,900—positioned well above the $543,395 Fair Market Value by -12%. While the property requires modernization, its Fair Condition Rating and functional layout—including a detached garage and alley access—provide a solid foundation for value-add renovations. Located near the 110 Freeway, the home offers strategic connectivity to major employment hubs. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with long-term growth potential.
Estimated Market Value
$532,899
Based on Realkey algorithm analyzing recent comparable sales in Wilmington.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24524 S Avalon Subject | $579,000* List Price | 2 | 1 | 816 | $653 | - |
A 24506 Albatross Sold | $510,000 | 2 | 1 | 818 | $623 | 0.1 mi |
B 24412 Broad Active | $499,000 List Price | 2 | 1 | 835 | $598 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1926, this home is well-maintained but shows significant signs of age. While the living room has updated laminate flooring, the bedrooms feature original hardwood floors in need of refinishing. The exterior stucco and older aluminum windows suggest the property is dated and requires cosmetic updates and likely system inspections, fitting the criteria for a home over 20 years old without a recent full renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Connectivity
The property boasts excellent proximity to the 110 Freeway, offering a convenient commute to major employment hubs including Downtown Los Angeles, LAX, and the Port of Los Angeles.
- Functional Parking and Access
Featuring alley access, a private gated driveway, and a detached one-car garage, the home provides secure parking and versatile storage options that are highly desirable in this area.
- Turnkey Appeal
As a well-maintained and inviting residence, this property offers a move-in-ready opportunity for first-time buyers or investors looking for a solid entry into the South Bay market.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only 816 square feet of interior space, the home's compact footprint may be a constraint for growing families or those requiring dedicated home office areas.
- Vintage Infrastructure
Originally built in 1926, the property may necessitate future capital improvements to modernize aging systems and ensure long-term structural efficiency.
About 24524 S Avalon
Well-maintained two-bedroom, one-bath home conveniently located in Wilmington. This inviting property features a spacious living room, generously sized kitchen with eating area, and comfortable bedrooms. The home offers alley access to a private gated driveway, along with a detached one-car garage. Conveniently located near schools, shopping, public transportation, and major freeways, including easy access to the 110 Freeway. Enjoy a convenient commute to Downtown Los Angeles, LAX, and the Port of Los Angeles/San Pedro. An excellent opportunity for a buyer looking for a well-kept home in a convenient South Bay location. Don’t miss the opportunity to make this property your own. Schedule your private showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 2,850 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 1.0 | 1.6 |
| Square foot | 816 | 1,215 |
| Lot Size | 2,850 | 6,023.95 |
| Price | $579.0K | $711.1K |
| Price per sq ft | $710 | $598 |
| Built year | 1926 | 1949 |
| HOA | $0 | $0 |
| Days on market | 30 | 51 |
Pricing History
Listed for Sale
Aug 21, 2026
$579,000
$609,900
-5% Price Drop
Initial Listing
Price Change
Aug 10, 2026
$609,900
Initial Listing
Sold
Jun 23, 2025
$500,000
Public Record
Sold
Jul 25, 1997
$80,000
Public Record