11111 Wilmington Avenue, Los Angeles, CA 90059
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Listed Price :
$675,000
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Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
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Year Built :
1962
Property 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.**
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
11111 Wilmington Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90059 |
| County |
Los Angeles |
| Listing Agent |
Christopher Quintal DRE #01127650 |
| Courtesy Of |
Century City Realtors |
| List Price |
$675,000 |
| Status |
Active Under Contract |
| Type |
Commercial |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
6,501 |
| Year Built |
1962 |
Listing information courtesy of: Christopher Quintal, Century City Realtors. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 29th, 2024 at 12:01 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
