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Wilmington, CA 90744

For Sale
$1,499,000

High-traffic retail, dual-tenant income.

Property size:
1,350 SF

Description

Added:
Feb 3, 2025
Days on Market:
308
This exceptional 1,350 square foot retail property, situated on a 0.36-acre lot in the vibrant Wilmington, CA area, presents a lucrative investment opportunity. Boasting nearly 250 feet of prime street frontage along the iconic Pacific Coast Highway (CA-1), this property benefits from unparalleled visibility and high traffic volume. The LA C2 zoning allows for a wide range of potential uses, maximizing its versatility and future development potential. The property comprises two separate parcels, each currently occupied by thriving businesses generating strong rental income. One tenant is an established car dealership, while the other is a successful auto stereo and tint shop featuring three covered bays. This strategic location offers exceptional accessibility, with convenient access from three major roads: Pacific Coast Highway, Bay View, and McDonald Avenue. Furthermore, its proximity to the 110 Freeway ensures easy access for customers and employees alike. This turnkey investment offers immediate income generation and significant long-term growth potential in a highly desirable coastal location. The property's unique configuration and high-traffic location make it an exceptional opportunity for investors seeking a stable, high-return investment in a prime Southern California market. The existing tenants provide a solid foundation for immediate cash flow, while the flexible zoning allows for future expansion or redevelopment to suit a variety of commercial ventures.

Property Features for

General Information

Property type
Retail properties
Square Feet
1,350 SF
Lot Size
15,682 SF

Building Details

Year Built
1947

Property Profile Location Intelligence

Current Use by Public Records

Retail properties

Map

City
Wilmington
County
Los Angeles
State
California
Longitude
-118.2633
Latitude
33.79116

FAQs

What type of property is this?
Retail property - High-traffic retail, dual-tenant income.
Where is this retail property located?
The property is located at Wilmington, CA.
What is the asking price?
The asking price for this property is $1,499,000.
More about this property
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