1236 N Wilmington
Wilmington, CA 90744
0
Bed
0
Bath
5,220Sqft
13,343Sqft(Lot)
Fully renovated turnkey mixed-use asset with ADU development potential on a 13,343 SF lot zoned LAC1.5. Large rear yard and favorable layout support the potential to add 3+ ADUs (buyer to verify) — strong value-add opportunity to increase density and long-term income. Excellent Current financials: 9.62 GRM and OVER 7% Cap Rate!! ***Current unit mix: 4 total units — 3 commercial (Private Kitchen at $3,000/mo, Nutrition/Vitamin Shop at $3,500/mo & one Vacant 945 Sq.Ft.), 1 two-bedroom residential unit at $2,165, and 1 legal 1-bedroom ADU at $1,950. Provides in-place cash flow with immediate upside through lease-up of vacant commercial space and future ADU expansion. ***Location advantages: high-visibility corridor on Wilmington Blvd with strong street frontage, consistent local traffi
Property Details
Map
Map
What's Nearby
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Features
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Heating & Cooling
Has Heating: Yes Heating: Forced Air
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Building Information
Year Built: 1947Building Area Total: 5220Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 13343 Lot Size Acres: 0.3063 Lot Size Source: Assessor Lot Size Square Feet: 13,343 Lot Description: Near Park,Near Public Transit,Rectangular Lot
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Listing Price Information
Listing Price: $1399000Original Price: $1499000Cash to New Loan
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Tax Information
Parcel Number: 7415012042 Tax Lot: 19
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Location Information
Direction: East of Wilmington Blvd / South of Pacific Coast Hwy WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1206 E Cruces, Wilmington, CA, 90744 | $645,000 | 3 | 1 | 1,200 | 1,200 SqFt |
| 1014 E O, Wilmington, CA, 90744 | $705,000 | 3 | 2 | 1,100 | 1,100 SqFt |
| 24412 Broad, Wilmington, CA, 90744 | $499,000 | 2 | 1 | 835 | 835 SqFt |
| 947 Via Camino #11, Wilmington, CA, 90744 | $949,999 | 4 | 3 | 2,394 | 2,394 SqFt |
| 1654 N Marine, Wilmington, CA, 90744 | $649,950 | 3 | 1 | 1,090 | 1,090 SqFt |
| 943 Broad Avenue, Wilmington, CA, 90744 | $1,890,000 | 15 | -- | 4,933 | 4,933 SqFt |
| 1667 N Lagoon Avenue, Wilmington, CA, 90744 | $649,900 | 2 | 1 | 1,104 | 1,104 SqFt |
| 1247 N Neptune Avenue, Wilmington, CA, 90744 | $975,000 | 4 | 3 | 1,204 | 1,204 SqFt |
| 515 W Anaheim, Wilmington, CA, 90744 | $990,900 | -- | -- | 2,790 | 2,790 SqFt |
| 1738 N Wilmington, Wilmington, CA, 90744 | $721,000 | 3 | 2 | 1,644 | 1,644 SqFt |
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ByOwner last updated this listing 07/28/2026 @ 21:49
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