Multi-Tenant Retail · Restaurant · Wilmington | Wilmington, CA
1241 N Avalon Blvd, 90744 · ±2,100 SF on ±5,798 SF Lot · 5.29% Cap · Harbor Area near LB & LAX
Asking
$925K
Cap Rate
5.29%
Building
2,100 SF
Lot
5,798 SF
The Opportunity
A ±2,100 SF retail / restaurant building at a 5.29% in-place cap on Avalon Boulevard — right-sized income, or a turnkey owner-user restaurant footprint in the Harbor Area.
Why This Asset
Right-sized restaurant retail with in-place income and airport-adjacent reach.
5.29% In-Place Cap Rate
Priced at a 5.29% cap — current income for a private investor at an accessible ±$925K basis, with a low barrier to entry for a first commercial acquisition.
Built for Food & Restaurant Use
A ±2,100 SF building configured for restaurant use — ample space for seating and kitchen — ideal for an owner-operator or a food-and-beverage tenant.
Near Three Major Airports
Convenient to Long Beach Airport and Los Angeles International, plus the Ports of Long Beach and Los Angeles — a steady stream of logistics, travel, and harbor employment traffic.
Avalon Boulevard Frontage
Direct frontage on a primary Harbor-Area arterial delivers the visibility and access that food and daily-needs retail depend on.
Owner-User Optionality
Affordable basis and a food-ready building give an owner-operator a clear path to occupy and control their real estate instead of leasing.
LAC2 Commercial Zoning
LAC2 zoning on a ±5,798 SF lot keeps the door open for a range of retail, food, and service uses.
Property Details
±2,100 SF · ±5,798 SF lot · 5.29% cap · LAC2 · Wilmington.
Asset
- Address
- 1241 N Avalon Blvd, Wilmington, CA 90744
- Property Type
- Retail
- Property Sub-Type
- Multi-Tenant / Restaurant
- Cap Rate
- 5.29%
- Year Built
- 1946
Size & Site
- Gross Building Area
- ± 2,100 SF
- Lot Size
- ± 5,798 SF
- Price / SF
- $440 / SF
- Zoning
- LAC2 — Commercial
- APN
- 7420-008-028
Location · Trade Area
Wilmington · LA Harbor Area · Avalon Boulevard near the Ports and airports.
Subject Property
1241 N Avalon Blvd
Trade Area Fundamentals
Wilmington anchors the Los Angeles Harbor Area, framed by the Ports of Long Beach and Los Angeles and within easy reach of Long Beach Airport and LAX. It is a dense, working trade area with steady demand for food and daily-needs retail.
At an accessible ±$925K basis and a 5.29% in-place cap, the asset suits a private investor seeking right-sized income or an owner-operator looking to control a food-ready storefront.
Full submarket detail, traffic counts, and tenant mix included in the Offering Memorandum.
Deep Dive
Why 1241 N Avalon Blvd is right-sized restaurant retail income at a 5.29% cap.
What is for sale at 1241 N Avalon Blvd?
1241 N Avalon Blvd is a ±2,100 SF retail and restaurant building offered at a 5.29% in-place cap rate on an accessible ±$925K basis. It sits on a ±5,798 SF lot with direct frontage on Avalon Boulevard, a primary Harbor-Area arterial. For a private investor, this is right-sized income on Avalon Boulevard, with a low barrier to entry for a first commercial acquisition.
How does the 5.29% cap rate work for a private investor?
Priced at a 5.29% cap, the building delivers current income to a private investor at an accessible ±$925K basis — a low barrier to entry for a first commercial acquisition. At $440 / SF across 2,100 SF, the pricing is right-sized rather than institutional, positioning the asset for a private investor seeking in-place income in the Harbor Area.
What kind of building is 1241 N Avalon Blvd?
The ±2,100 SF building is configured for restaurant use, with ample space for seating and a kitchen — a turnkey footprint for a food-and-beverage tenant. Built in 1946, it carries the Avalon Boulevard frontage and visibility that food and daily-needs retail depend on. The affordable basis also gives an owner-operator the optionality to occupy and control a food-ready storefront rather than lease it.
What is the zoning at 1241 N Avalon Blvd?
The lot carries LAC2 — Commercial zoning on a ±5,798 SF parcel, which keeps the door open to a range of retail, food, and service uses. The property is identified by APN 7420-008-028. For a private investor, that flexibility supports current restaurant income now and re-tenanting to food or daily-needs users later. Buyer is to independently verify square footage, lot size, cap rate, zoning, and condition.
Why does the Wilmington Harbor-Area location matter?
Wilmington anchors the Los Angeles Harbor Area, framed by the Ports of Long Beach and Los Angeles and within easy reach of Long Beach Airport and LAX. It is a dense, working trade area with steady demand for food and daily-needs retail. Proximity to the ports and airports feeds a steady stream of logistics, travel, and harbor employment traffic past an Avalon Boulevard storefront.
Sources: Pricing, cap rate, building and lot size, year built, zoning, and APN for 1241 N Avalon Blvd are from the listing materials; information herein is from sources deemed reliable but not guaranteed, and the buyer is to independently verify square footage, lot size, cap rate, zoning, and condition.
Exclusively Co-Listed By
Williams Capital Advisors + Keller Williams Hollywood Hills.
A dual-brokerage partnership pairing WCA-led institutional CRE advisory with one of the highest-volume KW commercial offices in Los Angeles. Either broker reaches the same deal team.
Williams Capital Advisors · Listing Broker
Francisco Williams, CCIM
Senior Vice President
Keller Williams Hollywood Hills · Listing Broker
Laura Milshteyn
Senior Vice President
Williams Capital Advisors (CA Real Estate Corporation License #01428775) and Keller Williams Hollywood Hills operate independently but collaborate exclusively on this listing; Francisco Williams (CalDRE #01979442) and Laura Milshteyn (CalDRE #01997655) are the listing brokers. Cooperating brokers welcome — commission terms available on request. Information herein is from sources deemed reliable but not guaranteed; buyer to independently verify square footage, lot size, cap rate, zoning, and condition. The business and any equipment are not represented as part of the real-estate offering unless separately stated.
Letter of Intent
Ready to offer? Submit your LOI.
For qualified buyers prepared to transact. Indicate your offered price, deposit, contingency periods, and source of funds. Listing brokers will respond within one business day with a counter or accept.
- Investor and owner-operator buyers prioritized
- Offers reviewed in receipt order
- Cooperating brokers welcome — terms available on request
Disclaimer
The information contained herein is derived from sources deemed reliable but has not been independently verified by Williams Capital Advisors or any co-listing brokerage. All financial projections, square-footage estimates, lease summaries, demographic figures, and comparable sales data are provided for illustrative purposes only and may not reflect future performance. Prospective purchasers are advised to consult their own tax, legal, and financial advisors and to independently verify all information prior to making any investment decision. Neither Williams Capital Advisors (CA Real Estate Corporation, License #01428775), any co-listing brokerage, the Property Owner, nor their respective representatives assume liability for errors, omissions, or decisions made in reliance on this information. This listing page does not constitute an offer, solicitation, or legal obligation; any transaction is subject to a fully-executed Purchase and Sale Agreement. Cap rate, NOI, and underwriting assumptions shown in the on-page Valuation Calculator are illustrative only and do not constitute investment advice. Cooperating brokers welcome — commission terms outlined in the Offering Memorandum.
