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Prime Mixed-Use Investment - Seller Financing Available 16 Residential Units | 3 Leased Commercial Spaces | Two Parcels | Wilmington, CA Rare opportunity in Wilmington! Two adjacent parcels (APNs 7423-002-012 & 7423-002-011) are being offered together, featuring a prominent corner location with private alley access and excellent visibility in a high-traffic area. Property Highlights Mixed-Use Building (Parcel 1): 16 one-bedroom SLO residential units on the upper floors Ground-floor commercial spaces currently leased, providing strong rental income Retail Property (Parcel 2): Dedicated retail space with private parking via the alley Zoning: C2-2D-O-CUGU "” offering flexibility for redevelopment, ADUs, or future expansion Parking & Access: Convenient private alley access + onsite parking, adding to tenant and customer appeal Rent Roll: Available in supplements upon request Seller Financing on Attractive Terms The seller is open to carrying paper and may act as the first-position lender on favorable terms. This creates a unique opportunity for investors and developers to secure competitive financing while acquiring a high-performing, cash-flowing asset in one of Wilmington's most promising growth corridors. Investment Potential With diversified income streams from the residential and commercial tenants, plus flexible zoning and future development possibilities, this property checks all the boxes for investors seeking immediate returns with long-term upside. Investment Highlights Prime Mixed-Use Investment - Seller Financing Available 16 Residential Units | 3 Leased Commercial Spaces | Two Parcels | Wilmington, CA Rare opportunity in Wilmington! Two adjacent parcels (APNs 7423-002-012 & 7423-002-011) are being offered together, featuring a prominent corner location with private alley access and excellent visibility in a high-traffic area. Rent Roll: Available in supplements upon request Seller Financing on Attractive Terms The seller is open to carrying paper and may act as the first-position lender on favorable terms. This creates a unique opportunity for investors and developers to secure competitive financing while acquiring a high-performing, cash-flowing asset in one of Wilmington's most promising growth corridors.
Property Type(s):
Commercial
| Last Updated | 9/3/2025 | Year Built | 1922 |
|---|---|---|---|
| Community | 196 - East Wilmington | County | Los Angeles |
Additional Details
| AREA | 196 - East Wilmington |
|---|---|
| LOT | 0.2732 acre(s) |
| STORIES | 2 |
| UTILITIES | Electricity Connected, Sewer Connected |
| WATER | Public |
Location
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Listed with South Bay Executive Realty, Inc.
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