561 East Opp Wilmington Ca

Wilmington, CA 90744

$299,000
Price
5,924 / 0.14
Lot Size / Acres

Description

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...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 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!
  1. Listed by Heidi Ludwig • DRE #01400091 • Brokerage DRE #01521930 • Redfin Corporation

Property Details for 561 East Opp Wilmington Ca

City Postal ID
WILMINGTON (90744)

Location

Listing Courtesy of Redfin Corporation, Heidi Ludwig, DRE #01400091
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LISTING UPDATED: 04/22/2024 05:34 AM

Property Details for 561 East Opp Wilmington Ca

StatusActive
MLS #SB23178856
Days on Market215
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.14 AC
CountyLos Angeles County

Location

Listing Courtesy of Redfin Corporation, Heidi Ludwig, DRE #01400091
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Building Information for 561 East Opp Wilmington Ca

Lot Size0.14 AC

Payment Calculator

$1,632 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,632

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 561 East Opp Wilmington Ca

Summary Information
Property and Location
  • System ID: 306025425
  • Class: LOT/LAND
  • Street Number Numeric: 561
  • Street Direction: E
  • Street Name: Opp
  • Directions To Property: On the corner of Opp St and Eubank Ave
HOA and Fees
  • Home Owner Fees: $0
  • Monthly Total Fees: $18
  • CFD/Mello-Roos Fee: $221
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: 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 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!
Property Information
Property and Assessments
  • Entry Only: Yes
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Site: Corner Lot, Curbs
  • Assessors Parcel Num: 7423025029

Property History for 561 East Opp Wilmington Ca

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 561 East Opp Wilmington Ca

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Harry Bridges Span
PublicK to 8

Phineas Banning Senior High School
Public9 to 12

Avalon High School
Public9 to 12

Harbor Teacher Preparation Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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561 East Opp Wilmington Ca is a 0.14 ac of land for sale in Wilmington, CA 90744. This property was listed for sale on September 28, 2023 by Redfin Corporation, it's currently listed at $299,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Harry Bridges Span, Phineas Banning Senior High School and Avalon High School. 561 East Opp Wilmington Ca is a 0-bed, 0-bath, 0.14 ac of land on a 5,924 sq. ft. / 0.14 acres lot.

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Listing Courtesy of Redfin Corporation, Heidi Ludwig, DRE #01400091

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.