Skip To Content

11111 Wilmington Avenue

Los Angeles (City), CA 90059
  • $675,000
  • STATUS: Active
  • ON SITE: 414 Days
  • ID#: 23301275
UPDATED: 82 min ago
$675,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Christopher Quintal of Century City Realtors (310-557-1212)


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.**

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-03T23:31:11.167. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Judy Barsamian Armstrong | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.judyb-armstrong.homes/homes/142521176
Print Image

11111 Wilmington Avenue Los Angeles (City), CA 90059

  • Price: $675,000
  • Status: Active
  • On Site: 414 Days
  • Updated: 82 min ago
  • ID#: 23301275
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1962
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
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.**
Exterior Features

Construction Materials Stucco Parking Total 1 Roof Tar/Gravel

Interior Features

Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Buyer Financing Cash Community Features Gated Listing Agreement Seller Reserved Listing Service Full Service Listing Terms CashOwner May Carry Property Sub Type Mixed Use Security Features Gated Community Special Listing Conditions Standard Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-03T23:31:11.167. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Judy Barsamian Armstrong | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371814261-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371814261-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371814261-2.jpg
Logo
Judy Barsamian Armstrong | Keller Williams Realty Central Coast
350 James Way
Pismo Beach CA, 93449
Listing Agent(s): Christopher Quintal of Century City Realtors (310-557-1212)