11111 Wilmington Avenue , Los Angeles, CA 90059
Los Angeles, CA 90059
Description
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. Seller may be willing to carry financing. Motivated Seller! **Buyer to do own investigation. Owner and Broker do NOT make any warranties or representations regarding the Property.**
Details
| MLS# | 23301275 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 422 |
| Listing Provided By | Century City Realtors 310-557-1212 | Christopher Quintal |
Features
| SQ Feet | 1,787 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | LAC2 |
| Acreage | 0.15 |
Market Activity 90059
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90059 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90059) | |
Price: $675,000 low | high Med: $644,450 SqFt: 1,787 low | high Med: 1,495 $ / SqFt: $378 low | high Med: $435 On Site: 422 low | high Med: 49.000000 | |