Wilmington, CA 90744

Property Details

Year built

1947

Lot size

0.36 AC

Property size (Sq ft)

1,350 SF

Property type

Other retail properties

Property subtype

Retail properties

Description

This exceptional 1,350 square foot retail property, situated on a 0.36-acre lot in the vibrant Wilmington, CA area, presents a lucrative investment opportunity. Boasting nearly 250 feet of prime street frontage along the iconic Pacific Coast Highway (CA-1), this property benefits from unparalleled visibility and high traffic volume. The LA C2 zoning allows for a wide range of potential uses, maximizing its versatility and future development potential. The property comprises two separate parcels, each currently occupied by thriving businesses generating strong rental income. One tenant is an established car dealership, while the other is a successful auto stereo and tint shop featuring three covered bays. This strategic location offers exceptional accessibility, with convenient access from three major roads: Pacific Coast Highway, Bay View, and McDonald Avenue. Furthermore, its proximity to the 110 Freeway ensures easy access for customers and employees alike. This turnkey investment offers immediate income generation and significant long-term growth potential in a highly desirable coastal location. The property's unique configuration and high-traffic location make it an exceptional opportunity for investors seeking a stable, high-return investment in a prime Southern California market. The existing tenants provide a solid foundation for immediate cash flow, while the flexible zoning allows for future expansion or redevelopment to suit a variety of commercial ventures.

Location Insight

City

Wilmington

County

Los Angeles

State

California

Latitude

33.7912

Longitude

-118.263

FAQs

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