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130 Opp Street, Wilmington, CA 90744
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130 Opp Street
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  • MLS#: 25479497 ( )
  • Street Address: 130 Opp Street
  • Viewed: 2
  • Price: $2,078,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1930
  • Bldg sqft: 0
  • Days On Market: 5
  • Additional Information
  • County: LOS ANGELES
  • City: Wilmington
  • Zipcode: 90744
  • Provided by: Mi Jeong Kim
  • Contact: MiJeong MiJeong
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Building Area Total
  1. 4509.00
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. Two
Netoperatingincome
  1. 114283.00
Parcel Number
  1. 7423005027
Parking Features
  1. Parking Space
Postalcodeplus4
  1. 4510
Sourcesystemkey
  1. 25-479497:CLAW
Totalexpenses
  1. 39437.00
Year Built
  1. 1930
Zoning
  1. LAR3