Commercial Property — 1236 N Wilmington, Wilmington, CA
$1,289,000
1236 N Wilmington, Wilmington, CA
About this property
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: 8.87 GRM and OVER 7.9% Cap Rate!! ***Current unit mix: 5 total units — 3 commercial (Private Kitchen at $3,000/mo, Nutrition/Vitamin Shop at $3,500/mo & one 945 Sq.Ft. Vacant), 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.
Property details
Location
1236 N Wilmington • Wilmington, CA 90744
Listed by
Olga Wright · Lyon Stahl Investment Real Estate, Inc.