$310,000
$625,000
50.4%For more information regarding the value of a property, please contact us for a free consultation.
0.33 Acres Lot
SOLD DATE : 03/18/2024
Key Details
Sold Price $310,000
Property Type Vacant Land
Sub Type Lots/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.
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 Wilmington (90744)
Building
Lot Description Sidewalks
Others
Monthly Total Fees $6
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
![Jonathan Cohen-Kurzrock](https://cdn.chime.me/image/fs/user-info/202383/11/w600_original_a8b3620d-60b9-4ee5-98b6-4177a75c31e5-png.webp)
Our team is ready to help you sell your home for the highest possible price ASAP
![San Diego Regional MLS (SDMLS)](https://cdn.chime.me/image/fs/sitebuild/20201029/0/h600_original_226fbb91-8877-476f-b39a-12d8d7333085-png.webp)
Bought with Daniel Terrazas • VIP Real Estate Firm
2235 Linwood St. A5, Diego, California, 92110, United States