1236 N Wilmington

Wilmington, CA 90744
$1,499,000
Fully renovated turnkey mixed-use asset with ADU development potential on a 13,343 SF lot zoned LAC1.5. Large rear yard and favorable layout support the potential to add 3+ ADUs (buyer to verify) — strong value-add opportunity to increase density and long-term income. ***Current unit mix: 4 total units — 2 commercialRead MoreRead Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Olga Wright 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
MixedUse
Lot Size
0.31 Acres
Year Built
1947
MLS Number
SB26061310
Property Location Map
Additional Details
Building
Built in 1947, 2 buildings, 1 storey, Levels: Two, Entry level: 1, Entry location: 2
Community
Curbs, Sidewalks, Park
Expenses
Insurance: $6,008, Maintenance: $2,400, Operating: $32,545, Water/Sewer: $6,000
Heating
ForcedAir
Home Owner's Association
Association Fee: $0
Income
Gross Income: $133,380, Gross ScheduledIncome: $133,380, Net Operating Income: $96,833
Laundry
LaundryRoom
Lot
0.3063 acres, NearPark, NearPublicTransit, RectangularLot
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7415012042, Lot: 19
Utilities
Water Source: Public, 4 separate electric meters
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Monthly Payment
$0
Olga Wright
Vice President
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.