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    122Nd St Los Angeles, CA 90744

    For Sale
    $650,000

    7,246 SF Lot, $650,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 7,246 square foot commercial land parcel, located at 122 East E Street in Wilmington, California (zip code 90744), presents a unique investment opportunity. The property, identified by APN numbers 7418-013-007 & 7418-013-008, is zoned (Q)LACM-1VL-0-CUGU and offers significant advantages for developers and investors. Its strategic location provides easy access to major transportation arteries, including close proximity to the Port of Los Angeles and Vanco Distribution, a railroad freight forwarding service. The lot is fully fenced, enhancing security and usability. Adding to its appeal, this property is situated within both an Opportunity Zone and the Harbor Gateway State Enterprise Zone, potentially unlocking significant tax benefits and incentives. With a highly walkable location boasting an 87 Walk Score, this land parcel offers exceptional potential for a variety of commercial developments. The asking price for this prime commercial land is $650,000. Don't miss this chance to acquire a well-positioned asset in a thriving Los Angeles County location.

    Property Features for 0 122Nd St

    General Information

    Property type
    Land

    HighLights

    • Fenced yard.
    • Located in an Opportunity Zone and Harbor Gateway State Enterprise Zone.
    • High Walk Score of 87.
    • Near the Port of Los Angeles.
    • Near Vanco Distribution rail freight service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2614706
    Latitude
    33.7753852

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    FAQs

    What type of property is this?
    Land - 7,246 SF Lot, $650,000
    Where is this land located?
    The property is located at 122Nd St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Fenced yard.; Located in an Opportunity Zone and Harbor Gateway State Enterprise Zone.; High Walk Score of 87.
    Request Owner's contact information
    122Nd St Los Angeles, CA 90744
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    122Nd St Los Angeles, CA 90744
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