FOR SALE - Mixed Use Commercial/Residential

1,787 Sqft - 11111 Wilmington Ave, Los Angeles, California 90059

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Property Description

Great opportunity for an 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 $1,350/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!

Basic Details
Property Type : Office
Listing Type : Exclusive Property
Listing ID : 1029
Price : $699,000
View : Street
Rooms : 2
Bathrooms : 1
Half Bathrooms : 0
Square Footage : 1,787 Sqft
Year Built : 1962
Lot Area : 6,501 Sqft
Address Map
Country : US
State : CA
County : Los Angeles
City : Los Angeles
Zipcode : 90059
Street : Wilmington
Street Number : 11111
Street Suffix : Ave
Postal Code : 90059
Floor Number : 0
Longitude : W119° 45' 39.1''
Latitude : N33° 56' 2.8''
Office Exclusive Property
  • Listing ID : 1029
  • Bathrooms : 1
  • Square Footage : 1,787 Sqft
$699,000
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