Wilmington, CA 90744,815 W G St.
Wilmington, CA 90744,815 W G St.
Wilmington, CA 90744,815 W G St.
$310,000
Est. payment /mo
$625,000
50.4%
Est.Price: ?

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0.33 Acres Lot
SOLD DATE : 03/18/2024

Key Details

Sold Price $310,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23156107

Sold Date 03/18/24

HOA Y/N No

Lot Size 0.331 Acres

Acres 0.3315

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

Area 195 - West Wilmington

Zoning LARD1.5

Interior

Fireplace No

Exterior

Community Features Sidewalks, Urban

Utilities Available Sewer Available

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre, Street Level

Water Public

New Construction No

Others

Senior Community No

Tax ID 7416016033

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Martin Ensbury • Lyon Stahl Investment Real Estate, Inc.
Bought with Daniel Terrazas • VIP Real Estate Firm

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Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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