11111 Wilmington Avenue, Los Angeles, CA 90059 (MLS # 23299995)

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PRICE $675,000 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 1,787 sqft
LOT SIZE 6,500 sqft

PRICE REDUCTION! Great opportunity for owner/user! Mixed use property with two commercial retail units in front and a Single Family Residence towards the back of the property. Tenants are currently month to month. The recently remodeled barber shop is leased for $950/mo. The Single Family Residence is leased for $1,250/mo and is in need of cosmetic repairs but has the potential for an ADU. The restaurant is currently vacant and has been recently remodeled with all new restaurant equipment for a takeout style food service operation. The new owner could operate his fast food business from the facility or lease it turnkey to a restaurant owner. Per ZIMAS the lot is Tier 3 TOC which gives the property development potential for the future as the property is in close proximity to the necessary Transit resources enabling greater density if developing affordable residential housing. Seller may be willing to carry financing. Motivated Seller! **Buyer to do own investigation. Owner and Broker do NOT make any warranties or representations regarding the Property.**

DAYS ON MARKET 447 LAST UPDATED 10/28/2024
YEAR BUILT 1962 COMMUNITY Metropolitan South
GARAGE SPACES 1.0 COUNTY Los Angeles
STATUS Conditional PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Sep 14, '23 $850,000
Sep 14, '23 - Oct 26, '23 $795,000
Oct 26, '23 - Mar 7, '24 $750,000
Mar 7, '24 - Jul 24, '24 $725,000
Jul 24, '24 - Sep 3, '24 $699,000
Sep 3, '24 - Today $675,000


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA Metropolitan South
CONSTRUCTION Stucco
GARAGE Carport, Driveway, Yes
HEAT Wall Furnace
LOT 6501 sq ft
LOT DIMENSIONS 25x130
PARKING Carport,Driveway
POOL DESCRIPTION None
STORIES 1
STYLE Other
VIEW DESCRIPTION None
ZONING LAC2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only

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Listed with Century City Realtors

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 10/30/24 10:17 PM PDT 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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