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Listed by Christopher Livingston, DRE #01891045 • The Livingston Group Inc
$ 590,000
Est. payment /mo
Contingent
1607 N Neptune Wilmington, CA 90744
6,650 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRRS26025948
Year Built 1925
Lot Size 6,650 Sqft
Property Sub-Type Duplex
Source California Regional MLS
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
Laundry None
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 7421014002
Special Listing Condition Accepting Backups
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