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1607 N Neptune

Wilmington, CA 90744
  • $590,000
  • STATUS: Active Under Contract
  • ON SITE: 244 Days
  • ID#: RS26025948
Under Contract
UPDATED: 9 min ago
$590,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Christopher Livingston of The Livingston Group Inc (562-726-4056)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-07T17:43:11.643. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/172751247
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1607 N Neptune Wilmington, CA 90744

  • Price: $590,000
  • Status: Active Under Contract
  • On Site: 244 Days
  • Updated: 9 min ago
  • ID#: RS26025948
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1925
Built
Neighborhood:
196 - East Wilmington
County:
Los Angeles
Area:
196 - East Wilmington
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.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Suburban Contingency Subject to inspection Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 23640 Insurance Expense 1500 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 19980 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 0 Operating Expense 3660 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Trash Expense 0 Water Sewer Expense 2160 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-07T17:43:11.643. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Christopher Livingston of The Livingston Group Inc (562-726-4056)