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Listed by: Olga Wright (310) 606-2076 DRE #01315042, Christopher Bald DRE #01909867 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$1,399,000
3 Beds
5 Baths
--sqft
1236 N Wilmington, Wilmington, CA 90744
$1,399,000
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Mixed Use
Built in 1947
$-- HOA
13,343 sqft lot
--/sqft
Description
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: 9.62 GRM and OVER 7% 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.
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- Houzeo last checked: 35 minutes ago
- Listing updated: June 17, 2026 at 4:45 pm
- Source: California Regional MLS-CA | MLS#: SB26061310
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1947
HOA Fees
-
Finished Area
- sqft
Lot Size
13,343 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26061310
MLS Status
Active
Days on Market
23
Cumulative Days on Market
82
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