130 E Opp Street, Wilmington CA, 90744

Active

130 E Opp Street

Wilmington CA, 90744

$2,078,000

$460.86 per sqft

Active

10 Beds

7 Baths

4,509 sqft

Residential

Built in 1930

Listed by MiJeong Kim with Mi Jeong Kim 213-503-8070

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.

25479497

MLSⓇ ID

January 14, 2025

Listed

January 22, 2025

Updated

Map

130 E Opp Street
Wilmington CA, 90744

Interior Features

Total Stories: 2
Bedrooms: 10
Total Bathrooms: 7
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Size: 0.25 Acres

Other Property Details

Area Name: 196 - East Wilmington
Days on Market: 8
Garage: No
Parking: One Space
Parking Total: 7
View: No
County: Los Angeles
Pool: No
Zoning: LAR3

Listing Contact: 213-503-8070

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/22/2025. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 1/22/2025 at 1:46 PM UTC