$725,000
Active
307 Days Online
2 Beds1 Bath1,787 SQFT
Active

11111 Wilmington Avenue Los Angeles, CA 90059

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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.**

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site307 Days
  • MLS StatusActive
  • MLS ID Number23299995
  • Home Size Source N/A
  • Year Built1962
  • Lot Size0.1492 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style See Remarks
  • Construction Stucco
  • Parking DrivewayCarport
  • Parking Spaces 1
  • Number of Stories 1
  • Acreage 0.1492
  • Security Gated Community
  • Garage Spaces 1
  • Zoning LAC2
  • Listing Conditions Standard

Interior Features

  • Cooling Wall/ Window Unit(s)
  • Heating Wall Furnace
  • Fireplace Features None
  • Fireplace No

Exterior Features

  • Roof Tar/ Gravel
  • View None
  • Spa No
  • Pool Features None
  • Spa Features None

Community Features

  • Senior Community No
  • MLS Area C37 - Metropolitan South
  • Security Features Gated Community

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Monthly Payment (Est.)

$3,808
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