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1236 N Wilmington Boulevard

Wilmington, CA 90744
  • $1,499,000
  • STATUS: Active
  • ON SITE: 301 Days
  • ID#: IV22115663
UPDATED: 44 min ago
$1,499,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Alex Dolginov of Dolan Realty Company (310-526-3266)


Description

Rare opportunity for an investor or developer! Huge 13,340 sqft lot with 2 street curbs ( 1 on left side & 1 on right side)! Zoned LAC 1.5, per LA zoning, the lot could allow up to 33 residential units (Buyers to verify zoning and complete their own due diligence)! Currently setup as a mixed use property with 3 meters consisting of approximately 4,000 sqft of commercial retail storefront space on ground floor (setup as 3 units each with their own bathroom) and a remodeled 1000 sqft residential 2 bd, 1 ba, unit on 2nd floor! Additional detached oversized 2-car garage in rear approx 450 sqft! High car and walk traffic throughout the day! Just a couple minutes from the upcoming Wilmington Waterfront Promenade development! Currently fully vacant, allows you to rent out at market rates and not be locked into to old leases!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-31T15:34:05.683. 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 Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/129418004
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1236 N Wilmington Boulevard Wilmington, CA 90744

  • Price: $1,499,000
  • Status: Active
  • On Site: 301 Days
  • Updated: 44 min ago
  • ID#: IV22115663
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1947
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Rare opportunity for an investor or developer! Huge 13,340 sqft lot with 2 street curbs ( 1 on left side & 1 on right side)! Zoned LAC 1.5, per LA zoning, the lot could allow up to 33 residential units (Buyers to verify zoning and complete their own due diligence)! Currently setup as a mixed use property with 3 meters consisting of approximately 4,000 sqft of commercial retail storefront space on ground floor (setup as 3 units each with their own bathroom) and a remodeled 1000 sqft residential 2 bd, 1 ba, unit on 2nd floor! Additional detached oversized 2-car garage in rear approx 450 sqft! High car and walk traffic throughout the day! Just a couple minutes from the upcoming Wilmington Waterfront Promenade development! Currently fully vacant, allows you to rent out at market rates and not be locked into to old leases!
Interior Features

Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Business Type AppliancesAccountingAdministrative And SupportAquarium SuppliesAdvertisingBarber/BeautyBuild To SuitCommercialConstruction/ContractorDance StudioChild CareEducation/SchoolElectronicsFlorist/NurseryFranchiseFitnessFurnitureGift ShopHardwareLaundromatLive/Work Common Interest None Current Financing None Laundry Features Laundry Closet Lease Considered YN Yes Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms CashConventional Property Sub Type Mixed Use Special Listing Conditions Standard Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Zoning Lac1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-31T15:34:05.683. 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 Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Alex Dolginov of Dolan Realty Company (310-526-3266)