NOT LISTED FOR SALE

1118 N Avalon Blvd Wilmington, CA 90744

Wilmington Area

Estimated Value: $896,967

8 Beds
4 Baths
4,928 Sq Ft
$182/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2023

Last sale price $826,000 $168 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,846 / mo

156 Days on Market

Highlights

  • Gated Parking
  • Shed
  • Concrete Flooring
  • 5 Car Garage
  • West Facing Home

About This Home

As of November 2023

Perfect owner-user or value-add mixed use opportunity in Wilmington. The offering consists of 4 units! 2 units are vacant and 2 units are occupied. 2 units are ground floor retail, 1 unit is an upstairs office and the final unit is a 2 bed apt. The building sits on an oversized 10,000 sq ft lot with 8 parking spaces in the rear. There are also 5 single car garages that are rented.

Last Agent to Sell the Property

John Katnik

BRC Advisors- BH License #02002695 Listed on: 05/30/2023

BRC Advisors- BH

Last Buyer's Agent

Soheil Seyedhendi

Equity Union License #02055898

Equity Union
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 10,000 Sq Ft Lot
  • West Facing Home

Parking

  • 5 Car Garage
  • 8 Open Parking Spaces
  • Gated Parking

Home Design

  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 4,928 Sq Ft Home
  • 2-Story Property
  • Concrete Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Shed
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 7423-007-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

10,000 Sq Ft Lot

Parking

5

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4928
  • Lot Acreage: 0.2296
  • Property Condition: Repair Cosmetic, Fixer
  • Stories: 2
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Stained Concrete
  • Bedrooms: 8
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 201.91

Exterior Features

  • Direction Faces: West
  • Other Structures: Shed(s)
  • View: No

Garage/Parking

  • Garage Spaces: 5
  • Other Spaces: 8
  • Parking Garage: Garage Is Detached, Gated, Uncovered
  • Total Parking: 13

Utilities

  • Water Heater: Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 45.97
  • Assessed Improvement Value: 40863
  • Assessed Land Percent: 54.03
  • Assessed Land Value: 48026
  • Total Assessed Value: 88889
  • Assessor Parcel Number: 7423-007-010
  • Lot Size Area: 10000

Rental Info

  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106
  • Number Of Units: 4
  • Type Of Units: Mixed

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Bought by
Current Estimated Value
$896,967

Purchase Details

Closed on
May 3, 2024
Sold by
Bought by

Purchase Details

Listed on
May 30, 2023
Closed on
Nov 3, 2023
Sold by
Bought by
Seller's Agent
John Katnik
BRC Advisors- BH
Buyer's Agent
Soheil Seyedhendi
Equity Union
List Price
$995,000
Sold Price
$826,000
Premium/Discount to List
-$169,000
-16.98%
Views
237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%

Purchase Details

Closed on
Apr 3, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Closed on
Feb 23, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
$826,000 Fidelity National Title
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/08/2023 11/08/23 Sold $826,000 -17.0% $168 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $995,000 0.0% $202 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
08/21/2023 08/21/23 Price Changed $995,000 -17.1% $202 / Sq Ft
05/30/2023 05/30/23 For Sale $1,200,000 -- $244 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,987 $842,520 $510,000 $332,520
2024 $10,817 $826,000 $500,000 $326,000
2023 $1,995 $90,666 $48,986 $41,680
2022 $1,934 $88,889 $48,026 $40,863
2021 $1,885 $87,147 $47,085 $40,062
2019 $1,848 $84,565 $45,690 $38,875
2018 $1,670 $82,908 $44,795 $38,113
2016 $1,551 $79,690 $43,056 $36,634
2015 $1,537 $78,494 $42,410 $36,084
2014 $1,572 $76,958 $41,580 $35,378
Source: Public Records

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Map

Source: The MLS

MLS Number: 23-275059

The MLS

APN: 7423-007-010

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