ActiveCommercial · sale

1236 N Wilmington

Wilmington, CA 90744

$1,289,000

  • 0.31 acres
  • Built 1947

Listed by Lyon Stahl Investment Real Estate, Inc. · MLS #SB26061318

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1947.

Property size

0.31 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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Fully renovated turnkey mixeduse asset with ADU development potential on a 13343 SF lot zoned LAC15 Large rear yard and favorable layout support the potential to add 3 ADUs buyer to verify strong valueadd opportunity to increase density and longterm income Excellent Current Financials 887 GRM and OVER 79 Cap RateCurrent unit mix 5 total units 3 commercial Private Kitchen at 3000mo NutritionVitamin Shop at 3500mo one 945 SqFt Vacant 1 twobedroom residential unit at 2165 and 1 legal 1bedroom ADU at 1950 Provides inplace cash flow with immediate upside through leaseup of vacant commercial space and future ADU expansionLocation advantages highvisibility corridor on Wilmington Blvd with strong street frontage consistent local traffic and demand for neighborhoodserving retail Close proximity to the Port of Los Angeles major industrialemployment hubs and dense residential neighborhoods supports both commercial and residential tenancy Easy access to major transportation routes increases tenant demand and longterm rent growthIdeal for investors seeking stable mixeduse income with clear path to scale units and improve returns

THE NEIGHBORHOOD

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1236 N Wilmington, Wilmington, CA 90744

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THE DETAILS

The details, all in one place.

Property type
CommercialSale
Category
Commercial
Year built
1947
Heating
NaturalGas
Parcel
7415012042

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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1236 N Wilmington, Wilmington, CA 90744 · MLS #SB26061318

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Listing information

MLS #SB26061318 · California Regional MLS

Listing brokerage: Lyon Stahl Investment Real Estate, Inc.
Listing agent: Olga Wright

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.