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29021809
29229263

601 N Avalon Blvd, Los Angeles, CA 90744

CS
CA CA 00973712
eXp Commercial
YY
CA CA 01887005
eXp Commercial of California Inc.
CS
CA 02212074
DT
TX 698576
EXP Commercial
Listed by eXp Commercial, eXp Commercial of California Inc., EXP Commercial
$2,660,000
164 days on market
Updated 36 days ago

Wilmington Center

Details
APN 7423-001-008
Property Type Office, Retail (+1)
Sub Type Shopping Center
Square Footage 7,852
Net Rentable (SqFt) 7,410
Units 3
Cap Rate 1.44%
NOI $38,413
Occupancy 36%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 6.41%
Pro-Forma NOI $170,573
Price per SqFt $339
Broker Co-Op Yes
Class C
Year Built 2007
Buildings 1
Stories 1
Lot Size (SqFt) 17,726
Zoning C2-2D-CUGU
Parking Spaces 17 spaces
Parking Per SqFt 2.17
Investment Type Value Add
Tenant Credit No Credit Rating
Ceiling Height 11

Available for Sale or Lease Fully Built out Medical Office Space

Marketing description

Introducing an exceptional investment opportunity! This prime

property at 601 N Avalon Blvd, Wilmington, CA is an attractive 7,852

SF building, boasting three units and built in 2007. The property

holds immense potential for a Retail/Strip Center investor, with a

[Q]C2-2D-CUGU zoning and 36% occupancy offering a strong

foundation for growth. Situated in the vibrant Wilmington area, this

property presents a compelling proposition for investors seeking a

high-potential commercial real estate opportunity.

Suite AB. 1,370SF Full Medical Office Buildout with hardwood Floors, 11" High Ceilings, End Cap Location, Lobby Reception Area, 5 Treatment Rooms/Offices, 1 Restroom, 1 room with Sink. Rear loading entrance.

Suite D, 3,350SF Medical Office Spa End Cap Space with Full Buildout with spacious Reception Area, 11’ High Ceilings, X-Ray Room, 13 Treatment Rooms, 2 Changing Rooms, laundry room, Mens Room with shower 3 Lavatories,, Women's Restroom with 2 Lavatories and Full Shower, Steam Room, Kitchen/Lunch Room, Alternative 2nd Front Entrance, Storage Utility Room.

Investment highlights

High visibility and easy accessibility

Spacious interior with versatile layout options

Fully built spaces for Medical, Retail or Office

Generous parking for customers and employees

Modern design and well-maintained exterior

Excellent curb appeal, 17 Parking Spaces 2/1000

Ideal for establishing a strong retail presence

Prominent location in the Wilmington market

Listing Contacts

CS
CA CA 00973712
eXp Commercial
YY
CA CA 01887005
eXp Commercial of California Inc.
CS
CA 02212074
DT
TX 698576
EXP Commercial
Listed by eXp Commercial, eXp Commercial of California Inc., EXP Commercial

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$38,413.00
$3,201.08/mo

Valuation Metrics

0
DSCR
1.44%
Cap Rate
1.44%
ROI

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Additional Information

Name
Charles Swanberg
License
CA 00973712
Name
Yvonne Yue
License
CA 01887005
Brokerage
EXP Commercial
Title
broker
Name
Claire Salvador
License
02212074
Brokerage
eXp Commercial of California Inc
Brokerage Phone
5625376067
Title
Senior Associate
Brokerage Address
2603 Camino Ramon
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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