6% CAP rate. Rare mixed-use investment in Wilmington featuring 6 residential units over 2 ground-floor commercial spaces. One retail unit is currently leased to a long-standing flower shop; the other is newly rented to another tenant under a 3 year lease. . Property offers stable income, separately metered units, and a newer roof. Zoned LAC2 with great visibility along Anaheim St. Ideal opportunity for investors looking to add value, raise under-market rents, or complete a 1031 exchange. Close to the Port, local businesses, and major transportation corridors. Please do not disturb tenants drive-by only.
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,100,000 to $1,000,000 | ||
| Price Reduced from $1,200,000 to $1,100,000 |
Arash Salehpour, Tosti Incorporated.
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