Property Detail

1236 Wilmington

Wilmington CA 90744

$1,499,000

Status: Active

Property Details

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. ***Current unit mix: 4 total units — 2 commercial (Private Kitchen at $3,000/mo, & one Vacant rent-ready), 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.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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