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$699,000
2 bed
1,787 Sqft
6,501 Sqft lot

11111 Wilmington Avenue, Los Angeles, California 90059

  • Residential Income Property Type
  • 354 Days Time on market
  • $391 Price per sqft
  • 1962 Year Built
Property Description

PRICE REDUCTION! Great opportunity for owner/user! Mixed use property with two commercial retail units in front and a Single Family Residence towards the back of the property. Tenants are currently month to month. The recently remodeled barber shop is leased for $950/mo. The Single Family Residence is leased for $1,250/mo and is in need of cosmetic repairs but has the potential for an ADU. The restaurant is currently vacant and has been recently remodeled with all new restaurant equipment for a takeout style food service operation. The new owner could operate his fast food business from the facility or lease it turnkey to a restaurant owner. Per ZIMAS the lot is Tier 3 TOC which gives the property development potential for the future as the property is in close proximity to the necessary Transit resources enabling greater density if developing affordable residential housing. Motivated Seller! **Buyer to do own investigation. Owner and Broker do NOT make any warranties or representations regarding the Property.**

Basic Details
Residential Income
Buy
23299995
$699,000
2
1,787 Sqft
1962
6,501 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
: Wall/window Unit(s)
: Other
: Gated
1
$0
: Tar/gravel
Address
CA
Los Angeles
Los Angeles
90059
11111 Wilmington Avenue
11111
Avenue
0
W119° 45' 38.8''
N33° 56' 2''
Additional Information
354
1
1
1
1
1
1,787 Sqft
0 Sqft
0 Sqft
0.15 Sqft
6,501 Sqft
1
: No Common Walls
0 Sqft
LAC2
6069013017
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
21/08/2023 10:02:23
$725,000
: Standard
Cash
North of imperial Hwy/ 105 Freeway and South of Century Blvd.
Destrahan
Harry Hurst
Century City Realtors
Christopher Quintal
CLW-X72832
CLW-X51713
$0
1
: Stucco
1
25x130
1
1
0
0
1
1
1
2
3
RepairsCosmetic
Gated Community
1
5800
US-06037-N-6069013017-R-N
21/08/2023 17:13:40
Wilmington
C37 - Metropolitan South
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