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Listed by Jaime Sutachan • South Bay Executive Realty, Inc.
$ 1,600,000
Est. payment /mo
New
Wilmington, CA 90744
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB-25193258
Year Built 1922
Property Sub-Type Retail
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 residential and commercial tenants, plus flexible zoning and future development possibilities, this property checks all the boxes for investors seeking immediate returns with long-term upside.
Investment Highlights
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.
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.
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 residential and commercial tenants, plus flexible zoning and future development possibilities, this property checks all the boxes for investors seeking immediate returns with long-term upside.
Investment Highlights
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.
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.
Location
State CA
County Los Angeles
Area 196 - East Wilmington
Interior
Laundry See Remarks
Exterior
Utilities Available Sewer Connected, Electricity Connected
Building
Lot Description 6-10 Units/Acre
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944