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.
Property Details
Price:
$2,078,000
MLS #:
25479497
Status:
Active
Baths:
0
Address:
130 E Opp Street
Type:
Residential Income
Neighborhood:
196eastwilmington
City:
Wilmington
Listed Date:
Jan 14, 2025
State:
CA
ZIP:
90744
Lot Size:
10,778 sqft / 0.25 acres (approx)
Year Built:
1930
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Schools
Interior
Heating
Wall Furnace
Exterior
Parking Features
Parking Space
Parking Spots
7.00
Stories Total
2
Financial
Map
Community
- Address130 E Opp Street Wilmington CA
- Area196 – East Wilmington
- CityWilmington
- CountyLos Angeles
- Zip Code90744
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130 E Opp Street
Wilmington, CA
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