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Olga Wright Real Estate

CaliforniaLos Angeles CountyLos Angeles90744324 W Opp St, Wilmington, CA 90744, USA

324 W Opp St, Wilmington, CA 90744

324 W Opp St, Wilmington, CA 90744, USA
$1,580,000
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Basics

  • Date added: Added 3 weeks ago
  • Year built: 1923
  • No of Units: 10

Description

  • Description:
    🔥 JUST LISTED | 10 UNITS | $1,580,000
    📍 324–326 W Opp St | Wilmington, CA
    Excellent opportunity to acquire a 10-unit multifamily investment at just $158,000 per unit with strong current cash flow PLUS additional rental upside.
    💰 $1,580,000
    📈 6.5% CAP RATE – Current Income
    📊 9.7 GRM – Current Income
    🏘️ 10 Units – 6 Studios + 4 One-Bedrooms
    🔑 100% Occupied
    ⚡ Separately Metered Gas & Electric
    🧺 On-Site Laundry
    🚀 Additional Rental Upside
    Two gated courtyard-style buildings situated on an approximately 8,192 SF lot with copper plumbing, updated electrical and ongoing improvements.
    Strong in-place numbers today with upside for tomorrow.
    DM me for the Offering Memorandum, rent roll and additional property information.
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