218-236 E Anaheim St - Storefront FOR SALE


Wilmington, CA 90744
$2,350,000 USD
949-608-4886
218-236 E Anaheim St, Wilmington, CA for Sale
$2,350,000 USD
Storefront - FOR SALE
1/18
null | Request Cap Rate

Jan '25


218-236 E Anaheim St
Wilmington, CA 90744


HIGHLIGHTS

  • Heavy foot Traffic
  • Heavy Car Traffic
  • Newly renovated roof
  • Newly renovated parking lot

OVERVIEW

Presenting a prime value-add investment opportunity at 218-236 E Anaheim St, Wilmington—a fully leased strip center with under-market rents and short-term leases, ideal for strategic repositioning. Situated near the Port of Los Angeles, the nation’s busiest container port, this property benefits from significant economic activity and infrastructure investments in the area. Recent developments include the opening of the $77.3 million Wilmington Waterfront Promenade, enhancing public access and community engagement (Port of Los Angeles). Additionally, the Port has been awarded a $412 million grant from the U.S. Environmental Protection Agency to support zero-emission initiatives, reflecting a commitment to sustainable growth (Port of Los Angeles). The property’s strategic location offers tenants seamless connectivity to major transportation routes, aligning with the dynamic commercial real estate landscape of Greater Los Angeles. This investment presents a compelling opportunity to capitalize on the area’s ongoing transformation and economic vitality.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$290 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Day Care Center, Veterinarian/Kennel, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

7423-012-004

ASK ABOUT THIS PROPERTY

Daniel BarrigaCBM1 IncMore Info
949-608-4886

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Daniel BarrigaCBM1 IncMore Info
949-608-4886

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.