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130 E Opp Street

Wilmington, CA 90744
  • $1,899,800
  • STATUS: Active
  • ON SITE: 104 Days
  • MLS #: 25479497
Price Reduced
UPDATED: 15 min ago
$1,899,800
  • 10
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,509
    SQFT
  • $421
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Listing Agent(s): Mijeong Kim of Mi Jeong Kim (213-503-8070)


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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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159449248
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130 E Opp Street Wilmington, CA 90744

  • Price: $1,899,800
  • Status: Active
  • On Site: 104 Days
  • Updated: 15 min ago
  • MLS #: 25479497
10
Beds
0
Baths
0
½ Baths
0.25
Acres
4,509
SQFT
$421
$/SQFT
1930
Built
Neighborhood:
196 - East Wilmington
County:
Los Angeles
Area:
196 - East Wilmington
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.
Exterior Features

Parking Features One Space Parking Total 7

Interior Features

Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 6.01 Gross Income 153720 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Limited Service Net Operating Income 114283 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Mijeong Kim of Mi Jeong Kim (213-503-8070)