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1437 N Wilmington Boulevard

Wilmington, CA 90744
  • $1,575,000
  • STATUS: Active
  • ON SITE: 39 Days
  • ID#: SB21262355
UPDATED: 44 min ago
$1,575,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

Listing Agent(s): Gregory Gill of Lee & Associates Commercial Real Estate Services Inc - South Bay (310-768-8800)


Description

Mixed use property. 3 residential units each totaling approximately 520 SF and 1 commercial building totaling approximately 1,750 SF. Commercial building is currently being used as a smog shop and body shop. All leases are month to month. Current income is approximately $4,550 per month gross. ProForma Market rents are approximately $7,500 per month gross, subject to local rent control. Great opportunity for a live / work scenario with extra income and also a fantastic redevelopment opportunity.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-21T23:26:51.457. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Elevate Palm Springs. Licensed in the State of California, USA.
www.elevatepalmsprings.net/homes/124002181
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1437 N Wilmington Boulevard Wilmington, CA 90744

  • Price: $1,575,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 44 min ago
  • ID#: SB21262355
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1930
Built
Neighborhood:
195 - West Wilmington
County:
Los Angeles
Area:
195 - West Wilmington
Property Description
Mixed use property. 3 residential units each totaling approximately 520 SF and 1 commercial building totaling approximately 1,750 SF. Commercial building is currently being used as a smog shop and body shop. All leases are month to month. Current income is approximately $4,550 per month gross. ProForma Market rents are approximately $7,500 per month gross, subject to local rent control. Great opportunity for a live / work scenario with extra income and also a fantastic redevelopment opportunity.
Property Features

Additional Parcels YN No Common Interest None Land Lease YN No Laundry Features See Remarks Listing Agreement Exclusive Right To Sell Property Sub Type Mixed Use Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-21T23:26:51.457. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Elevate Palm Springs. Licensed in the State of California, USA.
 
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Elevate Palm Springs
668 N Palm Canyon #208
Palm Springs CA, 92240
Listing Agent(s): Gregory Gill of Lee & Associates Commercial Real Estate Services Inc - South Bay (310-768-8800)