$1,299,000
About this home
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: 8.94 GRM and OVER 7.83% Cap Rate!! ***Current unit mix: 4 total units — 3 commercial (Private Kitchen at $3,000/mo, Nutrition/Vitamin Shop at $3,500/mo & one Vacant 945 Sq.Ft.), 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.
Facts & features
- Heating
- Forced Air
- Laundry
- Laundry Room
- Levels
- Two
- Lot size
- 0.306 acres (13,343 sq ft)
- Pool
- None
- Year built
- 1947
- Area
- 195 - West Wilmington
- County
- Los Angeles
- Community features
- Curbs, Sidewalks, Park
- Status
- Active
- Property type
- Mixed Use
- Days on market
- 109
- Listed
- 2026-03-21
- Original price
- $1,499,000
- Terms
- Cash To New Loan
- Parcel #
- 7415012042
- MLS #
- SB26061310
