Listing provided courtesy of MiJeong Kim of Mi Jeong Kim. Last updated 2025-01-15 09:10:59.000000. Listing information © 2024 Sandicor.
Asking Price: $2,078,000 |
130 Opp, Wilmington CA 90744
Community: 196 - East Wilmington
This property was built in 1930 and is priced at $2,078,000. Please see the additional details below.
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.