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Russell Johnson

Wilmington CA Real Estate & Land for Sale

3 Properties Found

The median home value in Wilmington, CA is $670,000. This is lower than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Wilmington, CA is $670,000. Approximately 45.51% of Wilmington homes are owned, compared to 47.38% rented, while 5.3% are vacant. Wilmington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Wilmington real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
SB24034728
Type:
Land
Lot size:
1 Acres
Listing Agent: Amie Shepard - West Shores Realty, Inc., 310-686-4544
View additional info

Rare opportunity to acquire Opportunity Zoned lot assemblage totaling 43,449 square feet. These parcels were previously vested as a 208-Unit apartment building, offering 100% Affordable Housing. This unique opportunity to develop is located in the Wilmington neighborhood of Los Angeles. Architectural design submitted could afford 100,196 sf of building space.This project was vested under the 2023 ED1, which is set to undergo imminent revisions. Scheduled to be trimmed back and codified within the next couple of weeks, the current zoning for 208 units will be drastically reduced. This renders the current phase a rare and time-sensitive opportunity, as it may no longer be viable once the codification process is complete.Environmental inspections have been completed and reports are available for a separate fee. The project can include seller-financing for the land acquisition for up to 2 years. .Project previously vested consists of 3 separate buildings that can be built in phases.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
SB23178856
Type:
Land
Lot size:
0.14 Acres
Listing Agent: Heidi Ludwig - Redfin Corporation, 310-920-2129
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Located in the heart of Wilmington, on a corner R2 lot....there are a few possibilities here for a potential developer/buyer. There are essentially 2 sections of the lot, one is contained by a chain link fence by the City to protect the historic monument, one is a large grassy and flat lot which appears to be about 4,000 sq ft (buyer to verify) of area to develop.The structure itself is a Civil War-era Powder Magazine, built in 1862, used to store gunpowder for the nearby Camp Drum. See link here:https://en.m.wikipedia.org/wiki/Powder_Magazine_(Camp_Drum). Current Sellers inherited the property that was purchased in the 1970's as a Duplex. When the Seller went to tear the duplex down to rebuild in the 80's I believe, the powder magazine was discovered and revealed. The City claimed it as a historic monument and the owner decided not to build. According to my title rep, It was declared a Historical Monument in 1982, but they didnt record the Resolution until 1994. The document indicates it is Historic-Cultural Monument No. 249. The property is also being sold with Mineral Rights.Please feel free to do a field trip to drive by and check it out and do not hesitate to reach out to me with any questions, I'll do my best to answer them!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
SB23092534
Type:
Land
Lot size:
0.31 Acres
Listing Agent: Amie Shepard - West Shores Realty, Inc., 310-686-4544
View additional info

Previously vested with adjoining parcels for up to 208 units of affordable housing on nearly an acre of land! Seller willing to finance. Introducing an exceptional opportunity for developers and investors to capitalize on a prime vacant land lot located in the vibrant city of Wilmington. Fitting into the LA Harbor Community Plan, this section of Wilmington is set to undergo significant zoning guideline intended to change the look and feel of Wilmington from an industrial port town, to a vibrant and walkable residential neighborhood. This expansive property offers the ideal canvas for a mixed-use development, combining residential and commercial elements to create a dynamic and thriving community. With the potential to accommodate approximately 80 units of affordable housing under ED1 alongside retail stores, this versatile lot is perfectly positioned to cater to the evolving demands of modern urban living. Prime Location: Situated in the heart of Wilmington, this property enjoys a strategic location near the new waterfront development and close to ILWU Union Halls. Strong Market Potential: With the ongoing growth and development in Wilmington, this property is strategically positioned to capitalize on the demand for mixed-use spaces. Offering includes additional APNs. Buyer to verify all info.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Based on information from CRISNet MLS as of 7/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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