About This Home

This 2-bedroom, 2-bathroom multi-family at 1607 N Neptune in Wilmington, CA is listed for $590,000. Built in 1925, on a 0.15 acres lot.

Key Features

  • Built in 1925
  • 0.15 acre lot

Property Details

1 story
2 full
1925
Listing 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.

Monthly Cost Estimate

$3,155/mo

20% down · 6.5% · 30 years

Principal$427
Interest$2,557
Insurance$172

Estimates only. Actual payments may vary.

Location

1607 N Neptune

Wilmington, CA 90744

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 1607 N Neptune is listed at $590,000. The estimated monthly payment is $3,155 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.15 acre lot.

This property is listed by Christopher Livingston.

CL

Christopher Livingston

License 01891045

Agent at The Livingston Group, Inc.

Listed by The Livingston Group, Inc. · Broker phone: (714) 651-4473 · Broker website

MLS# RS26025948· Source: California Regional Multiple Listing Service, Inc· 278 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1607 N Neptune, Wilmington, CA 90744

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