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.
For sale
Price cut: $98.2K (4/25)
$1,899,800
130 E Opp St, Wilmington, CA 90744
10beds
7baths
4,509sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$1,851,900 Zestimate®
$421/sqft
$-- HOA
What's special
Brand-new adu unitBeautifully remodeled units
- 175 days
- on Zillow |
- 81 |
- 2 |
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