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130 East Opp Street

130 East Opp Street, Wilmington, CA 90744
Multifamily in Wilmington
1 Units For Sale
Unit for sale at 130 E Opp St, Wilmington, CA 90744

$1,799,000

  • Studio
130 E Opp St, Wilmington, CA 90744 Listing by MiJeong Kim

130 East Opp Street has been categorized by the local assessors in Wilmington, CA as a residential type of property. The building on the property was first built in 1930 and is 94 years old. The home has a total of 8 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 130 East Opp Street has 4,509 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,775 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 1,342 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 130 East Opp Street sold most recently in Mar 29, 2022 for a total of $1,395,000. If you work out the math, that's approximately a cost of $309.38 per sqft. Before that, the property was also sold for $1,800,000 in May 21, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $12,175 in taxes each year. 130 East Opp Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,422,900. If we break it down further, the land itself was valued at $918,000. Improvements to the property, however, were assessed at a total of $504,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180905
09/05/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 3
  • Bedroom Count: 8
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 6
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,342
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,775
  • Total Building Area: 4,509
  • Gross Building Area: 4,509
  • Building Area: 4,509
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,509
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEVENTH STREET TRACT
  • Land Acres: 0.247
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: THE SEVENTH STREET TR LOT 11 AND EX OF ST LOT/SEC 12 BLK/DIV/TWN 6

Ownership

  • Current Owner : DREAMSCAPE HOLDINGS LLC
  • Previous Owner : VANTHI DUONG VAN
  • Owner Before Previous Owner: PM INVESTMENT GROUPS INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 294701

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 74-C4
  • Parcel: 7423-005-027
  • Block: 6
  • Lot: 11
  • Municipality: SOUTH /WILMINGTON
  • Latitude: 33.7828
  • Longitude: -118.261

    Address

  • Full Address: 130 E Opp St
  • Address - House Number: 130
  • Street Direction: E
  • Address - Street Name: Opp
  • Address - Suffix Type: St
  • State: CA
  • City Name: Wilmington
  • Carrier Code: C020
  • 4-Digit Zip Code: 4510
  • Zip Code: 90744

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,175
  • Tax Rate Code Area: 00-400

    Appraisal Valuation

  • Standard Deviation: 0.3325
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 33
  • Final Value: 1,410,854
  • High Value: 1,880,009
  • Low Value: 941,698

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,120,000
  • First Open Lien Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Feb 14, 2024
  • First Open Lien Mortgage Loan Amount: $1,120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,422,900
  • Assessed Land Value: $918,000
  • Assessed Improvements Value: $504,900

    Sales

  • Current Sale Contract Date: Mar 29, 2022
  • Current Sale Recording Date: Apr 21, 2022
  • Current Sale Transaction ID: 11885094001
  • Current Sale Price: $1,395,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 437233
  • Previous Sale Recording Date: May 21, 2018
  • Previous Sale Contract Date: May 21, 2018
  • Previous Sale Amount: $1,800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BENCH EQUITY LLC
  • First Mortgage Transaction Date: Apr 21, 2022
  • First Mortgage Loan Type: Purchase Money Mortgage

About Harbor



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 130 East Opp Street located in?
The 130 East Opp Street is a multifamily located in the neighborhood of Wilmington in Harbor, Wilmington.
How many listings are currently for sale in 130 East Opp Street?
There is one unit for sale right now.
What is the average sales price for listings in 130 East Opp Street?
The average sales price for units in 130 East Opp Street is $1,799,000 currently.

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