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 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.

< AGENT: Olga Wright
LISTING BROKERAGE: Lyon Stahl Investment Real Estate, Inc.

Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.

Rover IDX

324 W Opp

Wilmington, CA

Property Details

Price:

$1,580,000

MLS #:

SB26207407

Status:

Active

Beds:

0

Baths:

0

Type:

Single Family

Subtype:

Apartment

Neighborhood:

195westwilmington

Listed Date:

Sep 30, 2026

Total Sq Ft:

4,980

Lot Size:

8,195 sqft / 0.19 acres (approx)

Year Built:

1923

195 – West Wilmington195westwilmington

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