Property listed by Lyon Stahl Investment Real Estate, Inc., Olga Wright 310-801-7373
$1,499,000
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… Read More (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. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
MixedUse
Square Ft.
5,220
Lot Size
0.31 Acres
Year Built
1947
MLS Number
SB26061318
Additional Details
Laundry
LaundryRoom
Building
Built in 1947, 1 storey, Entry level: 2
Community
Park
Expenses
Operating: $32,545
Heating
NaturalGas
Income
Gross ScheduledIncome: $133,380, Net Operating Income: $96,833
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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