$310,000
$625,000
50.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/18/2024
Key Details
Sold Price $310,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23156107
Sold Date 03/18/24
Property Sub-Type Lots/Land
Property Description
Excellent development opportunity! Just blocks away from the 110 Freeway. Three vacant land parcels in Wilmington, with a favorable, developer-friendly LARD1.5 zoning. Two of the parcels are contiguous, with the third parcel separated by a small alley. Located in a dense residential corridor very close to the nearby Port of Los Angeles, which accounts for approximately 20% of all cargo coming into the United States. Substantial price reduction and great opportunity for a developer to purchase three parcels at an attractive price point. Seller has recently obtained a new Phase I and new Phase II. Phase II Conclusions suggest implementation of VIMS system and Soil Management Plan in the event of residential development. Contact agent for a copy of the recent environmental reports.
Location
State CA
County Los Angeles
Direction East of Wilmington Blvd., South of W. Anaheim St.
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Bought with Daniel Terrazas VIP Real Estate Firm








