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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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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,509 sqft

Price per Sqft $421

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

Listed by MiJeong Kim • Mi Jeong Kim

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