561 E Opp Street, Wilmington, CA 90744

  • $289,000
  • $49
561 E Opp Street, Wilmington, CA 90744

Overview

Property ID: 31468210
  • Land
  • Property Type

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 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!

  • Address 561 E Opp Street
  • City Wilmington
  • State/county CA
  • Zip/Postal Code 90744
  • Area 196 - East Wilmington
  • Country United States

Details

Updated on May 15, 2024 at 6:40 pm
  • Property ID: 31468210
  • Price: $289,000
  • Land Area: 5926.00 Sqft
  • Property Type: Land
  • Property Status: For Sale
  • MLS#: SB23178856
  • Office Name: REDFIN CORPORATION
  • Agent Name: Heidi Ludwig
  • Agent State License: 01400091
  • IDX Contact Info: 310-920-2129
  • MLS Status: Active

Additional details

  • View: None
  • County: Los Angeles
  • Water Source: None

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

Contact Information

View Listings

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
Lamont Hyde
  • Lamont Hyde