7 months on rocket

561 E Opp St, Wilmington, CA, 90744

$299,000

0.14 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #SB23178856
Lot Size0.14 Acres
StatusActive

About 561 E Opp St

CALLING ALL HISTORY BUFFS! Here is your once in a lifetime opportunity to own a piece of history from the Civil War....and the only one of its kind on the West Coast! 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 garden and flat lot managed by the City of Wilmington Beautification group. The garden area can be developed and a structure can be put on according to the City and historical society. 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. We do not have definitive answers on IF a structure could be built on the garden area, but imagine a bit more research would give us answers! 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!

Property Details

Property Features

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (310) 920-2129
  • Listing Agent: Heidi Ludwig

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • Phineas Banning Senior High School, Public Magnet Grades 9-12
  • Harbor Teacher Preparation Academy, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Studio, Public District Grades 6-8
  • Point Fermin Elementary School, Public Magnet Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: On the corner of Opp St and Eubank Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000

Tax Information:

  • Annual Amount: $470
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

561 E Opp St vs Los Angeles

215 DAYS ON ROCKET

+181 Days

$299,000

-$676.9K Less

KEY TAKEAWAY

This property is $676.9K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB23178856

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (310) 920-2129
  • Listing Agent: Heidi Ludwig

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 12:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$470$21,206
2020$460$20,990
2019$490$20,579
2018$390$20,176
2017$390$19,781

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3994984
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 5.17 miles

  • Public Magnet Grades KG-5

school-card-donut-3994985
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 21.43 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-3994986
4
/10
  • Studio

  • 2211 W Avenue 30

  • 22.23 miles

  • Public District Grades 6-8

High School

school-card-donut-3994987
3
/10
  • Phineas Banning Senior High School

  • 1527 Lakme Ave

  • 0.82 miles

  • Public Magnet Grades 9-12

school-card-donut-3994988
10
/10
  • Harbor Teacher Preparation Academy

  • 1111 Figueroa Pl

  • 1.62 miles

  • Public District Grades 9-12

school-card-donut-3994989
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 17.75 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,286. Most Los Angeles, CA residents have annual incomes less than $35k. Most families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 561 E Opp St

What is the listing price of this property?

The listing price of 561 E Opp St property is $299,000.

What type of property is this?

The property 561 E Opp St is land located in Wilmington, California, 90744.

Is this property for sale now?

Active Listing: 561 E Opp St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 561 E Opp St are:
Point Fermin Elementary School: GreatSchools Rating 6/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Studio: GreatSchools Rating 4/10
Phineas Banning Senior High School: GreatSchools Rating 3/10
Harbor Teacher Preparation Academy: GreatSchools Rating 10/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $470 (source: MLS/based on county public records data).

How much acreage is this property?

The property 561 E Opp St is 0.14 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90744561 E Opp St

This home is located at 561 E Opp St in Wilmington, CA and zip code 90744 in the Wilmington neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since September 29, 2023 and is currently priced at $299,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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