130 E Opp ST new Save Request In-Person Tour Request Virtual Tour
Wilmington,CA 90744
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,509 sqft
Price per Sqft $460
MLS Listing ID 25479497
Bedrooms 10
HOA Y/N No
Year Built 1930
Lot Size 10,776 Sqft
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 196 - East Wilmington
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features One Space
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7423005027
Special Listing Condition Standard