This sale offers the opportunity to purchase a commercial yard in the Wilmington area of the City of Los Angeles. The existing grandfathered occupancy permit allows a new owner to continue to use the property for towing, auto sales and dispatch, as well as any other uses that are permitted in the C2 zone. Financing options, including SBA and seller financing, are available to qualified buyers.
The subject property, located at 725 North Broad Avenue, consists of three parcels for a total of 13,679 square feet of land. The property features a dispatch office that measures 600 square feet, which has been conveniently constructed in the back corner of the lot, providing for efficient use of the yard space. The property can be accessed via a rolling gate from Broad Avenue, which is a wide, low-traffic street. The yard features asphalt paving and opaque metal fencing. Zoning on the site is LAC2, which is a commercial zoning designation that permits for numerous uses. Additionally, there is an existing grandfathered occupancy permit that allows for towing, auto sales and dispatch.
Situated on Broad Avenue, south of Anaheim Street, the subject property is located in a desirable location in the Wilmington area, which is a part of the City of Los Angeles. The site is flat, rectangular and has dimensions of 75’ wide by 182’ deep. The property is 1 mile from a freeway access point (Anaheim St and the 110 freeway).
725 North Broad Avenue offers the opportunity to purchase a commercial yard in the Wilmington area. A new owner can take advantage of an existing permit for towing, auto sales and dispatch. The property has attributes that provide for functionality and attractive long-term value, and is suitable for owner/users and investors alike. Financing options, including SBA and seller financing, are available to qualified buyers.