126 Anaheim St Wilmington, CA 90744-4514
- Investment properties
- 8,444 SF
- 0.14 lot acres
Jul 21, 2020
Current Use by Public Records
- Investment properties
Property Details for 126 Anaheim St
- Year built
- 1922
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.14 lot acres
- Property size
- 8,444 SF
- Zone code
- LAC2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 7423-002-012
- APU
- 7423002012
Description
This exceptional Wilmington investment opportunity encompasses two parcels totaling 13,124 square feet on a 0.27-acre lot. The property boasts a highly desirable corner location with convenient access via a private alley, ensuring excellent visibility and accessibility for businesses and residents alike. Parcel one is a mixed-use building, combining ground-floor commercial space with sixteen one-bedroom, single-occupancy-lodging (SLO) units situated on the upper floors. This provides a unique blend of income streams and potential for future development. Parcel two is a dedicated retail space complete with ample parking, accessible both from the street and the private alley. Both parcels are situated within a C2-2D-O-CUGU zoned area, offering considerable flexibility for a variety of uses and future development projects. The strategic location and versatile zoning make this property an attractive proposition for investors and developers seeking to capitalize on Wilmington's expanding market. The combined parcels present a rare opportunity to acquire a substantial commercial and residential property in a prime location, offering significant potential for long-term growth and return on investment. The asking price for this unique offering is $1,800,000. The property includes Assessor's Parcel Numbers (APNs) 7423-002-012 and 7423-002-011.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $710,000
- AI Estimate
- $656,000
Market price range: $711k - $1.94MMarket price range: $656k - $1.56M
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Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- Los Angeles
- State
- California
- Longitude
- -118.261
- Latitude
- 33.7798
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA