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    115 E Anaheim Street

    Wilmington, CA 90744
    • $495,000
    • STATUS: Active
    • ON SITE: 22 days
    • ID#: TR20238050
    UPDATED: 62 min ago
    $495,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,400
      SQFT
    • $206
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Return on investment cap rate is 6% based on old rent of $800 per unit ($1 per sqft). Market lease rate is about $1300-$1500 per unit, cap rate is about 8.2 and up. must show to your investor buyers. Addresses are 115,117 & 119 E Anaheim St, 3 retails spaces of 800 sqft total of 2400 building sqft. Large Lot 6,128 sqft, LAC2 zoning. 8 parking spaces in the rear of building. 9 years new roof. 8 years new AC. Near to shopping, restaurant, bank and easy access to 710,110 & 405. Sell "as is" condition, no warranties, no repairs. Buyers and agents to complete all their due diligence, including but not limited to: permits, licenses, condition, square footage of building and lot, zoning, parking and advertising. Buyers and their agents to verify with appropriate entities to satisfy self. Buyers to cooperate with seller's 1031 exchange.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-04T07:27:58.357. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Results Group | Berkshire Hathaway HomeServices California Realty. Licensed in the State of California, USA.

    www.redlandsland.com/homes/111799478
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    115 E Anaheim Street Wilmington, CA 90744

    • Price: $495,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: TR20238050
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,400
    SQFT
    $206
    $/SQFT
    1923
    Built
    Neighborhood:
    196 - East Wilmington
    County:
    Los Angeles
    Area:
    196 - East Wilmington
    Property Description
    Return on investment cap rate is 6% based on old rent of $800 per unit ($1 per sqft). Market lease rate is about $1300-$1500 per unit, cap rate is about 8.2 and up. must show to your investor buyers. Addresses are 115,117 & 119 E Anaheim St, 3 retails spaces of 800 sqft total of 2400 building sqft. Large Lot 6,128 sqft, LAC2 zoning. 8 parking spaces in the rear of building. 9 years new roof. 8 years new AC. Near to shopping, restaurant, bank and easy access to 710,110 & 405. Sell "as is" condition, no warranties, no repairs. Buyers and agents to complete all their due diligence, including but not limited to: permits, licenses, condition, square footage of building and lot, zoning, parking and advertising. Buyers and their agents to verify with appropriate entities to satisfy self. Buyers to cooperate with seller's 1031 exchange.
    Exterior Features

    Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None Office Square Footage 2400

    Property Features

    Additional Parcels YN No Asset Class Retail Building Area Units Square Feet Building Status Existing Business Type Retail Country Us Investment Property YN Yes Land Lease YN No Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Retail Real Estate Tax Expense 3600.00 Retail Square Footage 2400 Special Listing Conditions Standard Water Source Public Year Built Source Assessor

    Listing provided courtesy of Frankie Lee of Frankie Lee


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-04T07:27:58.357. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Results Group | Berkshire Hathaway HomeServices California Realty. Licensed in the State of California, USA.

     
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    The Results Group | Berkshire Hathaway HomeServices California Realty
    501 Stuart Street, Suite 101
    Redlands CA, 92373