For Sale
$500,000

11908 Wilmington AveLos Angeles, CA 90059

6,500 SF Commercial Lot, $500K

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 6,500-square-foot commercial land parcel presents a unique investment opportunity in Los Angeles, CA. Located at 11980 Wilmington Avenue, this vacant, unimproved lot boasts convenient access to the I-105 Freeway, providing easy connections to the I-110, I-710, and I-605 freeways. The property's strategic location places it within driving distance of both Los Angeles International and Long Beach Airports, enhancing its appeal. Wilmington Avenue sees an average daily traffic volume of approximately 11,000 vehicles. The site benefits from its proximity to key amenities, including the Martin Luther King, Jr. Medical Campus, Kenneth Hahn Plaza (with retail and dining options), Charles Drew University of Medicine, and various educational institutions. Additionally, the Willowbrook/Rosa Parks Station, Cal State Dominguez Hills, and Compton Community College are nearby. The property is zoned Specific Plan, Willowbrook TOD Specific Plan, and MU-1. Potential development plans should be verified with the Los Angeles County Planning Department. Note that developments with ten or more housing units may be subject to a restrictive covenant requiring at least 15% of units to be designated as affordable housing. The parcel's APN is 6150-007-924. All information should be independently verified.

Highlights

  • Excellent freeway access via I-105, connecting to I-110, I-710, and I-605.
  • Close proximity to LAX and Long Beach Airports.
  • High traffic counts: ±11,000 AADT on Wilmington Avenue.
  • Adjacent to Martin Luther King, Jr. Medical Campus, Kenneth Hahn Plaza (retail & restaurants), Charles Drew University, and local schools.
  • Business-friendly Los Angeles County government.
  • Near Willowbrook/Rosa Parks Station, CSU Dominguez Hills, Compton Community College, and multiple parks including the Earvin Magic Johnson Recreation Area.

Property Details for 11908 Wilmington Ave

Property type
Land

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.92435656
Longitude
-118.23907504
11908 Wilmington Ave, Los Angeles, California

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11908 Wilmington Ave
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