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$675,000
1,787 Sqft
6,501 Sqft lot

11111 Wilmington Avenue, Los Angeles, California 90059

  • Commercial Sale Property Type
  • 418 Days Time on market
  • $378 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. Seller may be willing to carry financing. Motivated Seller! **Buyer to do own investigation. Owner and Broker do NOT make any warranties or representations regarding the Property.**

Basic Details
Commercial Sale
Buy
23301275
$675,000
1,787 Sqft
1962
6,501 Sqft
Active
Mixed Use
Condos/Co-ops
Features
: Wall Furnace
: 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
418
1
0
1,787 Sqft
0 Sqft
0 Sqft
0.15 Sqft
6,501 Sqft
0 Sqft
LAC2
6069013017
$0
$0
$0
$0
$0
$0
0 Sqft
0 Sqft
$0
1
05/09/2023 00:00:00
$699,000
: Standard
Cash,Owner May Carry
North of Imperial Hwy / 105 Freeway and South of Century Blvd
Destrahan
Harry Hurst
Century City Realtors
Christopher Quintal
CLW-X72832
CLW-X51713
$0
: Stucco
1
25x130
1
2
3
Gated Community
US-06037-N-6069013017-R-N
MixedUse
16/08/2023 21:44:39
Wilmington
C37 - Metropolitan South
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