Rare Opportunity Zone development site well-located in Wilmington with direct access to the Port of Los Angeles and strong development upside at an attractive land basis. The property sits on approximately 6,758 SF of land, of which roughly 5,125 SF are buildable, and features C2 zoning, General Commercial land use, and multiple potential development pathways for a buyer to explore.
The site is identified as TOC Tier 2, ED1 eligible, and located within an Opportunity Zone, giving developers several angles to evaluate for a future residential or mixed-use project. Positioned in a strong workforce housing corridor, the site may also appeal to developers targeting larger family-oriented units, including Section 8-compatible housing, where nearby projects have reportedly achieved strong lease-up demand for newly constructed 4 and 5-bedroom units.
At an asking price of $499,000, the property offers a compelling entry basis compared to nearby land sales and replacement costs, particularly for developers seeking a long-term hold opportunity with cash flow potential.
While the lot is impacted by setback requirements and an alley easement, these constraints are already identified upfront, allowing buyers to underwrite the site with more clarity from day one. For a developer, this is a practical infill opportunity with a manageable lot size, commercial zoning, transit-oriented incentives, and a price point that leaves room to work through design and entitlement strategy.
This lot is also well suited for storage, contractor parking, vehicle parking, truck parking, or future phased residential development.
Cameron Samimi
Lyon Stahl Investment Real Estate
