122 E St Wilmington, CA 90744
- Commercial real estate
- 0.17 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 122 E St
- Lot size
- 0.17 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.17-acre commercial property, located at 122 East Street in Wilmington, California, presents a compelling investment opportunity. Comprising two parcels, this prime, fenced vacant lot is situated in both an Opportunity Zone and the Harbor Gateway State enterprise zone, offering significant tax advantages and potential for development incentives. Its strategic location provides easy access to the Port of Los Angeles, a major economic driver, and is in close proximity to Vanco Distribution, offering convenient access to railroad freight forwarding services. The property is specifically well-suited for a low-income multi-family development project, catering to a growing need in the area. Detailed information is available in the Offering Memorandum. Potential buyers are responsible for verifying all aspects of the property and its suitability for their intended use. The asking price for this exceptional opportunity is $650,000. Don't miss this chance to acquire a highly desirable commercial lot in a thriving location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- Los Angeles
- State
- California
- Longitude
- -118.261
- Latitude
- 33.7754
