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324 W Opp Wilmington, CA $ 1,580,000
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324 W Opp
$ 1,580,000
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324 W Opp

Wilmington, CA, 90744
$ 1,580,000
Bedrooms-- Baths1.0 Sq 4,980

Monthly Estimate*

$ 9,976

Listed by Olga Wright, Lyon Stahl Investment Real Estate, Inc., olga@lyonstahl.com
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Multi-Family Home for sale in Wilmington, CA

for $1,580,000 with 1 full bath. This 4,980 square foot home was built in 1923 on a lot size of 0.1881.

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. <

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Multi-Family Active

Price

$ 1,580,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1881

Year Built

1923

Town/City

Wilmington

County/Region

Los Angeles

MLS | Web ID

SB26207407

Days on Market

14
Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1923
Tenant Pays Electricity Gas Trash Collection
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 162096
Community Features Street Lights Sidewalks Urban
County Los Angeles
Net Operating Income 103390
Operating Expense 55804
Insurance Expense 5700
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions north of Anaheim St and West of Avalon Blvd
City Wilmington
Entry Location 1
Senior Community Y/N false
Number Of Units Total 10
MLS Area 195 - West Wilmington
Lot Size Units Square Feet
Lot Size Square Feet 8195
Number of Units Leased 10
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 5040
Water Sewer Expense 12000
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 8
Total Actual Rent 13288
Property Sub Type Additional Apartment
Taxes 18486
Cap Rate 6.5
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Interior
Total Stories 1
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Walkstreet
Water Source Public
Total Parking 0
Lot Size Area 8195
Number of Buildings 2
Building Area Total 4980
Lot Size Acres 0.1881
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 11
Number of Separate Electric Meters 11
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* Excluded Features
List By
Olga Wright

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

olga@lyonstahl.com

Email

Affordability Calculator

$9,976
Per Month
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Monthly Principal & Interest
$9,976
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
9/30/2026 $1,580,000 Listed Price

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324 W Opp, Wilmington, CA, 90744 is a Multi-Family Home for sale at $1,580,000 with 4,980 sqft and a lot size of 0.1881. 324 W Opp has 1.0 baths and was built in 1923. The property's zip code is 90744 which is in Wilmington, CA

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