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561 E Opp Street

Wilmington, CA 90744
  • $289,000
  • STATUS: Active
  • ON SITE: 215 Days
  • ID#: SB23198550
Price Reduced
$289,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 400
    SQFT
  • $723
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1871
County:

School Ratings & Info

School District:
Listing Agent(s): Heidi Ludwig of Redfin Corporation (310-409-2885)


Description

Located in the heart of Wilmington, on a corner R2 lot....there are a few possibilities here for a potential developer/buyer. There are essentially 2 sections of the lot, one is contained by a chain link fence by the City to protect the historic monument, one is a large grassy and flat lot which appears to be about 4,000 sq ft (buyer to verify) of area to develop.The structure itself is a Civil War-era Powder Magazine, built in 1862, used to store gunpowder for the nearby Camp Drum. See link here:https://en.m.wikipedia.org/wiki/Powder_Magazine_(Camp_Drum). Current Sellers inherited the property that was purchased in the 1970's as a Duplex. When the Seller went to tear the duplex down to rebuild in the 80's I believe, the powder magazine was discovered and revealed. The City claimed it as a historic monument and the owner decided not to build. According to my title rep, It was declared a Historical Monument in 1982, but they didnt record the Resolution until 1994. The document indicates it is Historic-Cultural Monument No. 249. The property is also being sold with Mineral Rights.Please feel free to do a field trip to drive by and check it out and do not hesitate to reach out to me with any questions, I'll do my best to answer them!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T22:34:59.583. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Pometto Team Realty | Compass. Licensed in the State of California, USA.
www.carlsbadsearch.com/homes/144668006
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561 E Opp Street Wilmington, CA 90744

  • Price: $289,000
  • Status: Active
  • On Site: 215 Days
  • ID#: SB23198550
0
Beds
0
Baths
0
½ Baths
0.14
Acres
400
SQFT
$723
$/SQFT
1871
Built
Neighborhood:
196 - East Wilmington
County:
Los Angeles
Area:
196 - East Wilmington
School District:
Los Angeles Unified
Property Description
Located in the heart of Wilmington, on a corner R2 lot....there are a few possibilities here for a potential developer/buyer. There are essentially 2 sections of the lot, one is contained by a chain link fence by the City to protect the historic monument, one is a large grassy and flat lot which appears to be about 4,000 sq ft (buyer to verify) of area to develop.The structure itself is a Civil War-era Powder Magazine, built in 1862, used to store gunpowder for the nearby Camp Drum. See link here:https://en.m.wikipedia.org/wiki/Powder_Magazine_(Camp_Drum). Current Sellers inherited the property that was purchased in the 1970's as a Duplex. When the Seller went to tear the duplex down to rebuild in the 80's I believe, the powder magazine was discovered and revealed. The City claimed it as a historic monument and the owner decided not to build. According to my title rep, It was declared a Historical Monument in 1982, but they didnt record the Resolution until 1994. The document indicates it is Historic-Cultural Monument No. 249. The property is also being sold with Mineral Rights.Please feel free to do a field trip to drive by and check it out and do not hesitate to reach out to me with any questions, I'll do my best to answer them!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Corner Lot Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Sign On Property YN Yes View None View YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Interior Features All Bedrooms Down Main Level Bathrooms 0 Main Level Bedrooms 0

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsUrban Garage YN No Land Lease YN No Laundry Features None Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms Cash1031 ExchangeSubmit New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Water Source Public Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T22:34:59.583. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Pometto Team Realty | Compass. Licensed in the State of California, USA.
 
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Pometto Team Realty | Compass
5796 Armada Dr., Suite 250
Carlsbad CA, 92008
Listing Agent(s): Heidi Ludwig of Redfin Corporation (310-409-2885)