$1,580,000

324 W Opp, Wilmington, CA 90744

  • 2 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon8,194sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 days ago

Property 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 Wilmingtons 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 propertys long-term appeal.***SEE SUPPLEMENTS FOR OM***

Listing Status:
Active
Date Added:
September 30, 2026
Data Last Updated:
October 8, 2026 at 10:11PM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Olga Wright : 310-801-7373
MLS ID:
SB26207407
  • Pool: N/K
  • General: 1 Story
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Assessor7416030011
  • Source: California Regional MLS

This listing courtesy of Olga Wright , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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