$725000 Price Analysis 11111 Wilmington AveLos Angeles, CA 90059 2 bed 1 bath 1787 SqFt ($405/SqFt) 6501SqFt lot. Built 1962 Listed 2023-08-21, Taxes $7160 | Ⓧ USDA Ineligible due to location near Los Angeles |
Great opportunity for owner/user. Mixed use property with two commercial retail units in front and a Single Family Residence towards the back of the property. Tenants are currently month to month. The recently remodeled barber shop is leased for $950/mo. The Single Family Residence is leased for $1, 250/mo and is in need of cosmetic repairs but has the potential for a n ADU. The restaurant is currently vacant and has been recently remodeled with all new restaurant equipment for a takeout style food service operation. The new owner could operate his fast food business from the facility or lease it turnkey to a restaurant owner. Per ZIMAS the lot is Tier 3 TOC which gives the property development potential for the future as the property is in close proximity to the necessary Transit resources enabling greater density if developing affordable residential housing. Motivated Seller!
Buyer to do own investigation. Owner and Broker d NOT make any warranties or representations regarding the Property.
Presented by Christopher Quintal at
Century City Realtors.
Property MLS #23-299995 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $229500 + $306000 $535500 | $7160 |
2021 | $225000 + $300000 $525000 | $7069 |
2020 | $124848 + $291312 $416160 | $5890 |
2019 | $122400 + $285600 $408000 | $5675 |
2018 | $110907 + $264065 $374972 | $5256 |
2017 | $108733 + $258888 $367621 | $5142 |
2016 | $106601 + $253812 $360413 | $5014 |
2015 | $105000 + $250000 $355000 | $4939 |
2014 | $120189 + $297860 $418049 | $5800 |
2013 | $119646 + $296514 $416160 | $5790 |
2012 | $117300 + $290700 $408000 | $5856 |
2010 | $115000 + $285000 $400000 | $4017 |
2009 | $112784 + $149624 $262408 | $3860 |
2009 | $112516 + $149269 $261785 | $3860 |
2008 | $110573 + $146691 $257264 | $3692 |
2007 | $38815 + $77636 $116451 | $1963 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.