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$3,650,000
Est. payment /mo
0.49 Acres Lot
UPDATED:
09/30/2024 06:09 PM
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24164858
HOA Y/N No
Year Built 1973
Lot Size 0.491 Acres
Property Description
Presenting a unique opportunity to acquire a versatile commercial property strategically located near the Port of Los Angeles in Wilmington. This exceptional offering includes a substantial 7,020 square feet main building, featuring a combination of office, factory and retail areas designed to meet diverse business needs. Additionally, there is a well-appointed 3,850 square feet auxiliary building equipped with roll-up doors and restrooms, ideal for industrial or storage use. The property sits on a generous 21,393 square feet lot, providing ample parking and operational flexibility. Positioned on a prominent corner lot, the property ensures high visibility and accessibility.
Wilmington is poised for significant growth and development, driven by an ambitious zone change aimed at enhancing housing, retail, and overall walkability within the area. Recent city-led initiatives include the Wilmington Waterfront Promenade, which enhances waterfront access and recreational opportunities; the Avalon Pedestrian Bridge, improving connectivity and pedestrian safety; and the Safe Streets Project, upgrading infrastructure for increased safety and traffic management. This property presents an exceptional investment opportunity in a rapidly evolving area.
Wilmington is poised for significant growth and development, driven by an ambitious zone change aimed at enhancing housing, retail, and overall walkability within the area. Recent city-led initiatives include the Wilmington Waterfront Promenade, which enhances waterfront access and recreational opportunities; the Avalon Pedestrian Bridge, improving connectivity and pedestrian safety; and the Safe Streets Project, upgrading infrastructure for increased safety and traffic management. This property presents an exceptional investment opportunity in a rapidly evolving area.
Location
State CA
County Los Angeles
Area 195 - West Wilmington
Zoning C2
Interior
Fireplace No
Laundry None
Exterior
Fence Chain Link, Excellent Condition, Security, Wrought Iron
Building
Lot Description 0-1 Unit/Acre, Corner Lot, Rectangular Lot, Street Level
Story 2
Water Public
Others
Tax ID 7423002044
Acceptable Financing Cash to New Loan, Owner Pay Points
Listing Terms Cash to New Loan, Owner Pay Points
Special Listing Condition Standard
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Listed by Amie Shepard • West Shores Realty, Inc. • 310-686-4544