Wilmington, CA 90744,130 E Opp St
Wilmington, CA 90744,130 E Opp St
Wilmington, CA 90744,130 E Opp St
26
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$1,899,800
Est. payment /mo
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10 Beds
7 Baths
4,509 SqFt
Price Dropped by $98K

130 E Opp St Wilmington, CA 90744

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,509 sqft

Price per Sqft $421

MLS Listing ID 25-479497

Style A-Frame

Bedrooms 10

Year Built 1930

Lot Size 10,778 Sqft

Acres 0.2474

Property Sub-Type Multi-Family

Property Description

Proudly presenting this supreme opportunity for both investors and developers alike. 130 E Opp St is a prime rental income property with great current revenue as well as great potential and upside. Recent renovations are reflected in the improved rental income, especially from the four beautifully remodeled units; a brand-new ADU unit will be delivered at COE, along with substantial electric upgrades. In addition, approved plans to build two additional units have been obtained and will also be delivered COE, saving a lot of time and effort for the buyer. This gold mine is further bolstered by rental upside and potential to be turned into a 9-unit residential complex. 130 E Opp St truly is a best-of-both-worlds: a stable property with great current income that also oozes undeniable developmental value. High rental demand in the area is just the cherry-on-top.

Location

State CA

County Los Angeles

Area East Wilmington

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Other

Equipment Other, Gas Dryer Hookup

Exterior

Parking Features Parking Space

Garage Spaces 7.0

Building

Story 2

Architectural Style A-Frame

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Mi Jeong Kim

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130 E Opp St