324 W Opp, Wilmington, California 90744

  • $1,580,000
324 W Opp, Wilmington, California 90744
Active
324 W Opp, Wilmington, California 90744
324 W Opp, Wilmington, California 90744
  • $1,580,000

Description

Well-maintained 10-unit courtyard-style apartment complex consisting of six studios and four one-bedroom units in two side-by-side buildings on an 8, 192 SF lot. This charming gated property is located in a quiet residential neighborhood and one of Wilmington’s more desirable rental pockets. Offered at an attractive 9.7 GRM & 6.5% Cap Rate on CURRENT income, the property provides stable in-place cash flow with significant upside in rents. Additional Income Includes Capital Improvements Surcharge, Laundry, and Storage Income. >>The property has been meticulously maintained with ongoing upgrades, including copper plumbing and updated electrical. Units are separately metered for gas and electricity, the property offers on-site laundry, and tenants pay their own trash expenses, helping keep operating costs low. <

  • Address 324 W Opp, Wilmington, California 90744
  • State/county CA
  • Zip/Postal Code 90744
  • Country US

Details

Updated on September 30, 2026 at 7:47 pm
  • Property ID: SB26207407
  • Price: $1,580,000
  • Property Size: 4980 Sqft
  • Land Area: 0.1881 Acres
  • Year Built: 1923
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: Cash to New Loan
  • Sewer: Public Sewer
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Street Lights, Sidewalks, Urban

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman