Los Angeles, CA 90059,11111 Wilmington AVE
Los Angeles, CA 90059,11111 Wilmington AVE
Los Angeles, CA 90059,11111 Wilmington AVE
Los Angeles, CA 90059,11111 Wilmington AVE
Los Angeles, CA 90059,11111 Wilmington AVE
Los Angeles, CA 90059,11111 Wilmington AVE
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$625,000

$675,000

7.4%
Est.Price: ?

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Est. payment /mo

2 Beds

1 Bath

1,787 SqFt


SOLD DATE : 11/15/2024

Key Details

Sold Price $625,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,787 sqft

Price per Sqft $349

MLS Listing ID 23299995

Sold Date 11/15/24

Bedrooms 2

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1962

Lot Size 6,499 Sqft

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.**

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAC2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Exterior

Garage Carport, Driveway

Garage Spaces 1.0

Carport Spaces 1

Garage Description 1.0

Pool None

Community Features Gated

View Y/N No

View None

Roof Type Tar/Gravel

Total Parking Spaces 1

Private Pool No

Building

Story 1

Architectural Style See Remarks

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 6069013017

Security Features Gated Community

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Financing Cash

Special Listing Condition Standard

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Valerie Van De Zilver

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California Regional MLS (CRMLS)
Listed by Christopher Quintal • Century City Realtors
Bought with Christopher Quintal • Century City Realtors
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valerie@valeriev.com

5280 2nd St., Long Beach, CA, 90803 Unit, USA

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