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1114 E Anaheim St - 1114 East Anaheim Street - M2 Zoning
0.11 Acres of Industrial Land Offered at $650,000 in Wilmington, CA 90744
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
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$30,000
|
$272,727.27
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$30,000
|
$272,727.27
|
| Taxes |
$1,800
|
$16,363.64
|
| Operating Expenses |
$1,200
|
$10,909.09
|
| Total Expenses |
$3,000
|
$27,272.73
|
| Net Operating Income |
$27,000
|
$245,454.55
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $30,000 |
| Annual Per AC | $272,727.27 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $30,000 |
| Annual Per AC | $272,727.27 |
| Taxes | |
|---|---|
| Annual | $1,800 |
| Annual Per AC | $16,363.64 |
| Operating Expenses | |
|---|---|
| Annual | $1,200 |
| Annual Per AC | $10,909.09 |
| Total Expenses | |
|---|---|
| Annual | $3,000 |
| Annual Per AC | $27,272.73 |
| Net Operating Income | |
|---|---|
| Annual | $27,000 |
| Annual Per AC | $245,454.55 |
PROPERTY FACTS
| Price | $650,000 | Property Subtype | Industrial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $650,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 0.11 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $650,000 | Lot Size | 0.11 AC |
| Price Per AC | $5,909,090.91 |
| Price | $650,000 |
| Price Per AC | $5,909,090.91 |
| Lot Size | 0.11 AC |
Secure, Fenced Industrial Zoned Yard. Un-improved lot. Great 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
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.
PROPERTY TAXES
| Parcel Number | 7424-022-003 | Total Assessment | $303,430 (2024) |
| Land Assessment | $300,215 (2024) | Annual Taxes | $1,800 |
| Improvements Assessment | $3,215 (2024) | Tax Year | 2022 |
PROPERTY TAXES
ZONING
| Zoning Code | LAM2 (Zoned for Cannabis (BUYER TO VERIFY) Heavy Industrial which allows for a large number of uses.) |
| LAM2 (Zoned for Cannabis (BUYER TO VERIFY) Heavy Industrial which allows for a large number of uses.) |
Presented by
1114 E Anaheim St - 1114 East Anaheim Street - M2 Zoning
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