1607 N Neptune
Wilmington, CA 90744
2
Bed
2
Bath
1,020Sqft
6,650Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1925 Building Area Total: 1,020 -
Pool Features
NoneLaundry Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1527 -
Lot Size Source: Assessor Lot Size Square Feet: 6650
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Listing Price Information
Original List Price: 590,000 Listing Contract Date: 2026-01-26 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 7421014002
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Other Property Info
Source Listing Status: Active Under Contract Source Neighborhood: 196 - East Wilmington Directions: PCH to Neptune Source Property Type: Residential Income Area: 196 - East Wilmington Property SubType: Duplex -
Building and Construction
Property Age: 101 Common Walls: No Common Walls Structure Type: Duplex Year Built Source: Public Records Entry Level: 1 Entry Location: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1435-1437 E Colon St, Wilmington, CA, 90744 | $874,800 | 5 | 2 | 1,475 | 1,475 SqFt |
| 1301 E Pacific Coast, Wilmington, CA, 90744 | $759,900 | 4 | 2 | 1,520 | 1,520 SqFt |
| 123 E I Street, Wilmington, CA, 90744 | $849,000 | 8 | 4 | 3,336 | 3,336 SqFt |
| 1405 Lagoon Avenue, Wilmington, CA, 90744 | $769,900 | 3 | 3 | 1,476 | 1,476 SqFt |
| 1412 Ravenna, Wilmington, CA, 90744 | $699,000 | 2 | -- | 960 | 960 SqFt |
| 1555 Mcdonald Avenue, Wilmington, CA, 90744 | $879,900 | 3 | 2 | 2,161 | 2,161 SqFt |
| 1722 N Wilmington, Wilmington, CA, 90744 | $875,000 | 6 | 3 | 3,060 | 3,060 SqFt |
| 705 Mcdonald Avenue, Wilmington, CA, 90744 | $719,999 | 6 | 3 | 2,055 | 2,055 SqFt |
| 817 N Gulf Avenue, Wilmington, CA, 90744 | $949,500 | 5 | 3 | 1,674 | 1,674 SqFt |
Similar Multifamily To 1607 N Neptune
Nearby For Sale
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ByOwner last updated this listing 06/09/2026 @ 05:09
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