117 W Anaheim Street,  Wilmington CA, 90744 (Commercial)

Status: Sold
MLS#: SB15129448
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Last Updated: 12/8/2016 6:17 PM
Description for 117 W Anaheim Street Wilmington, CA 90744
The subject property is a two story masonry building (10,343 gross square feet) that has ground floor retail and office space on the second floor on a 10,011 square foot lot zoned C2. There is parking for 8 cars directly behind the building and an additional lot that is 7,659 square feet with 22 parking spaces and is zoned C2. The tenants are on a month to month basis providing upside in rental income upon lease renewals. The property is priced very attractively at $91.85 per square foot. Actual CAP rate on current income and expense is 3.39%. Proforma CAP rate and income and expense shown here. Please call agent for more details. The property is located in Wilmington on the major thoroughfare of Anaheim Street. It is directly across from a shopping center that has a RITE-AID, VALUE+ FOOD WAREHOUSE, and PAYLESS SHOES. The traffic count on Anaheim Street is 17,000 vehicles per day, and the population density is 37,107 people within a 1 mile radius and 136,188 people within a 3 mile radius.
Price
Sold Price:
$910,000
Sold Date:09/15/2015
Los Angeles
SB15129448
Closed
Description
The subject property is a two story masonry building (10,343 gross square feet) that has ground floor retail and office space on the second floor on a 10,011 square foot lot zoned C2. There is parking for 8 cars directly behind the building and an additional lot that is 7,659 square feet with 22 parking spaces and is zoned C2. The tenants are on a month to month basis providing upside in rental income upon lease renewals. The property is priced very attractively at $91.85 per square foot. Actual CAP rate on current income and expense is 3.39%. Proforma CAP rate and income and expense shown here. Please call agent for more details. The property is located in Wilmington on the major thoroughfare of Anaheim Street. It is directly across from a shopping center that has a RITE-AID, VALUE+ FOOD WAREHOUSE, and PAYLESS SHOES. The traffic count on Anaheim Street is 17,000 vehicles per day, and the population density is 37,107 people within a 1 mile radius and 136,188 people within a 3 mile radius.
Listing Information
Property Type: General Commercial, Other
0.23 Acres 10,011 sq.ft. $87.98
1923
Neighborhood
Room Information
Exterior / Lot Features
None
Financial Considerations
7423003012
Listing Price History

Wilmington Real Estate

Wilmington is located in California. Wilmington, California 90744 has a population of 57,441.

The median household income in Wilmington, California 90744 is $43,364. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Wilmington 90744 is 28.1 years.

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Courtesy: RE/MAX Commercial & Inv Realty Stephen Lampe
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