10
See all 10 photos
$590,000
Est. payment /mo
6,651 Sqft Lot
Active Under Contract
1607 N Neptune Wilmington, CA 90744
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
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.
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
Listed by Christopher Livingston The Livingston Group Inc 562-726-4056, DRE #01891045
NEARBY SCHOOL & BUSINESS
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