Property Detail

Description

The Industrial ( LCM3* Zoning ) property is a Four -tenant commercial building located on Wilmington Ave, between major traffic Slauson and Gage Ave. Large swat meet attracts a lot of traffic. The 4 units are currently leased on market rental rates, offering significant upside potential in future income. Co- tenant are Wilmington Event Center with a large storage suit. Custom Sewn Manufacturer Suit and Commercial Fast Food Grill Experts Manufactures. The building features prime frontage and corner of 61st St along Wilmington Ave, with a private parking lot located at the rear of the property. As well plenty parking on Wilmington and 61st Street. This property is well-suited for an investor seeking a value-add opportunity, as well as for an owner-user looking to occupy the entire building or one unit while leasing the other for supplemental income. Property Facts Sale Type: Investment or Owner User. Property Subtype: Front and corner. Building Class: C. Percent Leased: 100% ( Approx. income 18,000). Parking 10. Building Heights 1. Story Year Built: 1929. Property Type: Industrial Land. Use: Manufacturing (Light). Zoning: LCM3*. Building Size: 10,426 Sq Ft. Lot Size: 13,737/ .32. Lot Size Frontage 135' on Wilmington and 101' on 61st.