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 didn’t 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!
MLS #
CRSB23198550
MLS Source
California Regional MLS
Bedrooms
Ground Floor Bedroom
Fireplace
None
Laundry
None
Cooling
None
Pool
None
Garage/Parking
Garage: 0 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LAR2
561 E Opp St is a Duplex in Wilmington, CA 90744. This 400 square foot property sits on a 5,926 Sq Ft Lot and features 0 bedrooms & 0 full bathrooms. It is currently priced at $250,000 and was built in 1871.
This address can also be written as 561 E Opp St, Wilmington, CA 90744.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 04, 2024. For the most current information, please contact Heidi Ludwig, (310) 920-2129