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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.
DO NOT WALK ON PROPERTY.
DO NOT DISTURB OCCUPANTS.

Overview

Property Status
For Sale
Lot Size
6,650 Sq.Ft.
MLS ID
RS26025948
Property Type
Multi-Family
Year Built
1925

Features & Amenities

Total Area
1,020 Sq.Ft.
Neighborhood
Los Angeles
Stories
1
Water Source
Public
Pool
None
Lot Features
0-1 Unit/Acre
Laundry Room
None
Sewer
Public Sewer
Sales Price
$590,000

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1607 N Neptune

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1607 N Neptune
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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.