Listed price in listed location currency (USD).
$1,580,000

000

MLS® SB26207407

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes 
Days Active 7
Approx. Age 1923
MLS® Number SB26207407

Property Address: 324 W Opp St, Wilmington, CA, 90744-3434

Average square foot calculated using Size range provided by listing agent.

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. <<Conveniently located near the 110 Freeway and the Ports of Los Angeles and Long Beach. Major ongoing investment and development throughout the port area is creating jobs, improving infrastructure, and positively impacting demand and property values in Wilmington. The nearly completed new construction next door further improves the immediate surroundings and adds to the property’s long-term appeal.***SEE SUPPLEMENTS FOR OM***
MLS® NumberSB26207407
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1923
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 30, 2026List Date
$1,580,000List Price
  • Commute

Commute

Starting Address
Destination Address
324 W Opp St, Wilmington, CA

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