Anaheim St and Lagoon Ave Parcel

Investment Highlights

Property Overview

This rare Opportunity Zone Tax Shelter Lot is strategically located in Wilmington, offering direct access to the Port of Los Angeles. The property boasts strong development upside with an attractive land basis, encompassing approximately 6,758 SF of land, of which 5,125 sq ft are buildable with C2 zoning. This General Commercial land use parcel presents multiple potential development pathways for a discerning buyer to explore. The site is identified as TOC Tier 2, ED1 eligible, and is situated within an Opportunity Zone, providing developers with various angles to consider for future residential or mixed-use projects. Priced at an attractive $399,000, which translates to approximately $77.85/SF of land, this offering provides a compelling basis when compared to other nearby land sales. Despite being impacted by setback requirements and an alley easement, these constraints are clearly identified upfront, allowing buyers to underwrite the site with greater clarity. This property represents a practical infill opportunity with a manageable lot size, commercial zoning, transit-oriented incentives, and a price point that allows for flexible design and entitlement strategies. It is ideally suited for storage, car parking, truck parking, or residential development.