Kondominium kup w Wzgórza Portowe, Kalifornia

528 N Fries Ave is a well-positioned industrial-use property in Wilmington. Built in 1978, the existing 6,375 SF warehouse sits on a large 11,351 SF lot and features an upstairs office, breakroom, and bathroom. The building zoning was recently changed. Per the city, industrial use is grandfathered in (buyer to verify). With the new zoning, a buyer will also have the development potential to build up to 15 units. Currently with a 4.80% market cap, this property is a unique opportunity for an investor to enter the industrial space or expand their portfolio in a hot market. MLS® ID: SB22124162 Listed: 6/8/22 Updated: 10/4/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: None Cooling: None Heating: None Exterior/Building Features Lot Size: 0.26 acres lot Lot Details: 0-1 Unit/Acre Other Property Details Area Name: 195 - West Wilmington Garage: No Parking: N Parking Total: 10.0 View: N County: Los Angeles Utilities: Water Available Water Source: Public Pool: No Property History Date Event Price Value 8/9/22 Pending - - 7/21/22 Price Change $1,545,000 -3% Listed by J.Woody Stahl, Lyon Stahl Investment Real Estate, Inc., Based on information from California Regional Multiple Listing Service, Inc. as of 10/4/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.