130 E Opp Street, Wilmington, CA 90744 - Berkshire Hathaway HomeServices California Properties

130 E Opp Street, Wilmington, CA 90744

$1,998,000 Approx. USD 10 beds, 7 baths
4,509 sqft

Listing Agent


MiJeong Kim | mjskre@gmail.com
Lic#: 01887660
Broker: Courtesy of Mi Jeong Kim

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25479497
List price is $1,998,000 Reduced by $80,000 on 2/26/2025
Price: $1,998,000
Beds: 10
Baths: 7
Built in 1930
4,509 sqft
2 stories
0.25 acres
Lot size: 0.2474
County: Los Angeles
Zoning: LAR3
Parking description: One Space
Heating description: Wall Furnace
MLS area: 196 - East Wilmington

Last Updated: 2/26/2025

 Days On Market (DOM): 61

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This listing belongs to the 196 - East Wilmington MLS area

Lat/Long: 33.782735, -118.261405.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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