11109 Wilmington Ave, Los Angeles, CA 90059
1,787 SF | 62% Leased | Retail Building | Los Angeles, CA 90059 | $675,000 ($378/SF)
For Sale
Active
Asking Price $675,000
- Property Type
-
Retail
- Square Feet
- 1,787 SF
- Price / Square Foot
- $378
Listing Contacts
Christopher Quintal
Property Overview
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 Details
- Class
- C
- Year Built/Renovated
- 1962/2020
- Stories
- 1
- Property Subtype
- Storefront Retail/Residential
- Lot Size (sq. ft)
- 6,534 SF
Highlights
- Heavy traffic street
- Future development potential
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