For more information regarding the value of a property, please contact us for a free consultation.
11111 Wilmington Ave Los Angeles, CA 90059
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Combo - Res & Com
Listing Status Sold
Purchase Type For Sale
Square Footage 1,787 sqft
Price per Sqft $349
MLS Listing ID 23-301275
Bedrooms 2
Year Built 1962
Lot Size 6,501 Sqft
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.**
Location
State CA
County Los Angeles
Area Metropolitan South
Zoning LAC2
Interior
Heating Wall
Exterior
Garage Spaces 1.0
Roof Type Tar and Gravel
Building
Story 1
Structure Type Stucco
Others
Special Listing Condition Standard
Read Less
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Century City Realtors