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Investment Highlights

  • M2 Industrial Zoning
  • Quick Access to 110 Freeway
  • Close Proximity to World Ports of Long Beach and Los Angeles
  • Zoned Legal for Cannabis (BUYER to VERIFY)

Executive Summary

Sale includes plans for 2,850 sf warehouse with permit ready-to-issue (RTI). This is for a masonry building with 14' clear height. Tenant is month-to-month.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $42,210 $383,727.26
Other Income - -
Vacancy Loss - -
Effective Gross Income $42,210 $383,727.26
Taxes $2,533 $23,023.64
Operating Expenses $1,688 $15,349.09
Total Expenses $4,221 $38,372.73
Net Operating Income $37,989 $345,354.53

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $42,210
Annual Per AC $383,727.26
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $42,210
Annual Per AC $383,727.26
Taxes (CAD)
Annual $2,533
Annual Per AC $23,023.64
Operating Expenses (CAD)
Annual $1,688
Annual Per AC $15,349.09
Total Expenses (CAD)
Annual $4,221
Annual Per AC $38,372.73
Net Operating Income (CAD)
Annual $37,989
Annual Per AC $345,354.53

Property Facts

Price $773,850 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Auto Dealership
  • Auto Repair
  • Auto Salvage Facility
  • Carwash
  • Contractor Storage Yard
  • Distribution
  • Recycling Centre
  • Warehouse
Total Lot Size 0.11 AC
No. Stories 1
Opportunity Zone Yes
Zoning LAM2 - Heavy Industrial which allows for a large number of uses. Zoned for Cannabis (BUYER TO VERIFY)

1 Lot Available

Lot

Price $773,850 CAD
Price Per AC $7,034,999.73 CAD
Lot Size 0.11 AC

Secure, Fenced Industrial Zoned Yard. Great major street frontage. Bordered to east & south by public alleys - great access. Lot in Wilmington neighborhood City of Los Angeles & zoned legal for commercial cannabis businesses. BUYER TO VERIFY.

Description

1114 East Anaheim Street, Wilmington, CA 90744 – Land For Sale Contractors Special with Major $100,000 Price Reduction • Cross Streets/ Anaheim St/Flint Ave • Lot: +/- 4,800 SF • Yard: Secure, Shielded Fenced Private Yard • Utilities: None • Zoning: [Q[M2-1VL-O-CUGU • Heavy Zoning: Allows For Many Uses • APN: 7424-022-003 • Location: Near World Ports of Los Angeles & Long Beach • Location: Quick Access to 110 / 710 Freeways • Location: Major Street Frontage • Do Not Disturb Short Term Tenant • Current Use: Truck Dismantler • Asking Sale Price: $550,000 ($114.58 PSF) – Reduced From $650,000 ($135.42 PSF) High Demand Area with Secure, Screened Fenced Private Industrial Land Site with Great Access with Major Street Frontage. Location: Near the World Ports of Los Angeles and Long Beach. Good Access to 110 and 710 Freeways.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
7424-022-003
Land Assessment
$430,330 CAD (2025)
Improvements Assessment
$4,608 CAD (2025)
Total Assessment
$434,938 CAD (2025)
Annual Taxes
$2,533 CAD
Tax Year
2023
  • Listing ID: 29202332

  • Date on Market: 2023-08-06

  • Last Updated:

  • Address: 1114 E Anaheim St, Wilmington, CA 90744

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