11111 Wilmington Avenue, Los Angeles, CA 90059

  • $725,000
  • $406
11111 Wilmington Avenue, Los Angeles, CA 90059
  • Commercial Sale
  • Property Type
  • 1962
  • Year Built
For Sale
11111 Wilmington Avenue, Los Angeles, CA 90059
  • $725,000
  • $406

Overview

Property ID: SGR-10654599
  • Commercial Sale
  • Property Type
  • 1962
  • Year Built

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.**

  • Address 11111 Wilmington Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90059
  • Area C37 - Metropolitan South
  • Country United States

Details

Updated on March 10, 2024 at 8:25 pm
  • Property ID: SGR-10654599
  • Price: $725,000
  • Land Area: 6501.00 m²
  • Year Built: 1962
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 1787.00
  • MLS#: 23301275
  • Office Name: CENTURY CITY REALTORS
  • Agent Name: Christopher Quintal
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01127650

Additional details

  • Roof: Tar/Gravel
  • Heating: Wall Furnace
  • County: Los Angeles
  • Property SubType: Commercial/Residential
  • Parking: 1.00

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