1607 N Neptune, Wilmington, CA 90744
1607 N Neptune, Wilmington, CA 90744
1607 N Neptune, Wilmington, CA 90744
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$590,000
Est. payment /mo
6,651 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS26025948

HOA Y/N No

Year Built 1925

Lot Size 6,651 Sqft

Property Sub-Type Duplex

Property Description

1607 Neptune Ave, Wilmington presents an excellent value-add and redevelopment opportunity in a centrally located neighborhood. This duplex features two separate 1-bedroom, 1-bathroom units, offering immediate income potential with significant upside.

The property is ideal for an investor or developer looking to add an ADU, expand the existing footprint, or scrape and build new to maximize the lot's potential (buyer to verify all zoning and development possibilities with the City of Los Angeles).

Conveniently located near major freeways, ports, shopping, and employment centers, this is a rare opportunity to acquire a property with multiple exit strategies in an improving area.

Property is being sold AS-IS with Tenants In Place.
DO NOT WALK ON PROPERTY.
DO NOT DISTURB OCCUPANTS.

Location

State CA

County Los Angeles

Area 196 - East Wilmington

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Suburban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7421014002

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Trust


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Listed by Christopher Livingston The Livingston Group Inc 562-726-4056, DRE #01891045

NEARBY SCHOOLS & PROPERTIES

Diego Magdaleno

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1607 N Neptune