130 E Opp Street

Wilmington, CA 90744

$2,078,000

List Price

10

bed Beds

7

shower Baths

4,509 sqft

straighten / sqft

1930

calendar_month Built

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.

Listing Information

List Price $2,078,000
Status Active
MLS 25479497
Type Residential Income
Year Built 1930
Lot Size 10,778
Structure Size 4,509
Courtesy Of Mi Jeong Kim
Listing Agent MiJeong Kim DRE#01887660

Interior Features

Total Bedroom
Bedrooms 10
Total Bathroom
Bathrooms 7

Exterior Information

Maps

Listing information courtesy of: MiJeong Kim, Mi Jeong Kim 213-503-8070. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 15th, 2025 at 2:06 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.