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Listed by Olga Wright, DRE #01315042 • Lyon Stahl Investment Real Estate, Inc.
$1,299,000
Est. payment /mo
0.31 Acres Lot
Price Dropped by $100K
1236 N Wilmington Wilmington, CA 90744
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Key Details
Property Type Multi-Family, Commercial
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26061310
Year Built 1947
Lot Size 0.306 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
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. Excellent Current financials: 8.94 GRM and OVER 7.83% Cap Rate!! ***Current unit mix: 4 total units - 3 commercial (Private Kitchen at $3,000/mo, Nutrition/Vitamin Shop at $3,500/mo & one Vacant 945 Sq.Ft.), 1 two-bedroom residential unit at $2,165, and 1 legal 1-bedroom ADU at $1,950. Provides in-place cash flow with immediate upside through lease-up of vacant commercial space and future ADU expansion. ***Location advantages: high-visibility corridor on Wilmington Blvd with strong street frontage, consistent local traffic, and demand for neighborhood-serving retail. Close proximity to the Port of Los Angeles, major industrial/employment hubs, and dense residential neighborhoods supports both commercial and residential tenancy. Easy access to major transportation routes increases tenant demand and long-term rent growth. Ideal for investors seeking stable mixed-use income with clear path to scale units and improve returns.
Location
State CA
County Los Angeles
Area 195 - West Wilmington
Interior
Heating Forced Air
Laundry In Laundry Room
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 7415012042
Special Listing Condition Not Applicable
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