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Millman Team Real Estate

$1,289,000
0.31 Acre Lot

1236 N Wilmington, Wilmington, California 90744

  • Residential Income Property Type
  • 1947 Year Built
Property Description

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: 8.87 GRM and OVER 7.9% 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 traffic, and demand for neighborhood-serving retail. Close proximity to the Port of Los Angeles, major industrial/employment hubs, and dense residential neighborhoods supports both commercial and residential tenancy. Easy access to major transportation routes increases tenant demand and long-term rent growth. Ideal for investors seeking stable mixed-use income with clear path to scale units and improve returns.

Basic Details
Residential Income
For Sale
SB26061310
$1,289,000
1947
0.31 Acre
Active
1
Mixed Use
Features
: None
: Forced Air
: Laundry Room
: Public Sewer
$0
Address Map
CA
Los Angeles
Wilmington
90744
Wilmington
1236
W119° 43' 31.5''
N33° 47' 15.5''
East of Wilmington Blvd / South of Pacific Coast Hwy
195 - West Wilmington
N
Additional Information
$0
$0
$0
$0
$0
5220
: Park, Sidewalks, Curbs
1
: Two
: Near Park, Rectangular Lot, Near Public Transit
5
2026-03-25
1299000
2
1
: Public
Broker/Agent Information
Lyon Stahl Investment Real Estate, Inc.
Olga Wright
Listing Information
Christopher Bald
SBBALDCHR
SB1310620
Lyon Stahl Investment Real Estate, Inc.
SBWRIGOLG
SB1310620
Cash to New Loan
Active
2026-08-06T21:26:10Z
CRMLS
: Standard
2026-06-17T09:34:20Z
Agent info
Ray Millman
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