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Listed by Jaime Sutachan • South Bay Executive Realty, Inc.
$1,600,000
Est. payment /mo
13,124 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 13,124 sqft
Price per Sqft $121
MLS Listing ID CRSB25193258
HOA Y/N No
Year Built 1922
Lot Size 0.273 Acres
Property Sub-Type Retail
Source Datashare California Regional
Property Description
Prime Mixed-Use Investment – Seller Financing Available 16 Residential Units | 3 Leased Commercial Spaces | Two Parcels | Wilmington, CA Rare opportunity in Wilmington! Two adjacent parcels (APNs 7423-002-012 & 7423-002-011) are being offered together, featuring a prominent corner location with private alley access and excellent visibility in a high-traffic area. Property Highlights Mixed-Use Building (Parcel 1): 16 one-bedroom SLO residential units on the upper floors Ground-floor commercial spaces currently leased, providing strong rental income Retail Property (Parcel 2): Dedicated retail space with private parking via the alley Zoning: C2-2D-O-CUGU — offering flexibility for redevelopment, ADUs, or future expansion Parking & Access: Convenient private alley access + onsite parking, adding to tenant and customer appeal Rent Roll: Available in supplements upon request Seller Financing on Attractive Terms The seller is open to carrying paper and may act as the first-position lender on favorable terms. This creates a unique opportunity for investors and developers to secure competitive financing while acquiring a high-performing, cash-flowing asset in one of Wilmington’s most promising growth corridors. Investment Potential With diversified income streams from the residenti
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613