For sale · Active Under Contract (Backup)

1607 N Neptune

Wilmington, CA 90744

$590,000
Lot size0.1527 acres
Property typeDuplex
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Listing broker / agent: The Livingston Group Inc · Christopher Livingston · 562-726-4056 · CRMLS

MLS # RS26025948 · Last checked Oct 19, 2026 22:11 UTC

About this property

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

MLS number
RS26025948
Status
Active Under Contract (Backup)
Type
Residential Income
Subtype
Duplex
Lot size
0.1527 acres
County
Los Angeles
Year built
1925
More property detailsExpandCollapse

Listing

Days on market
76

Building

Year built
1925
Year built source
Public Records
Building stories
1
Entry level
1

Rooms & interior

Laundry
None

Exterior & parking

Total parking spaces
0
Garage spaces
0
Pool
None
Lot features
Zero To One Unit Acre
Lot size source
Assessor

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Suburban

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Wilmington Middle Science, Technology, Engineering, Arts, Mathematics (STEAM) Magnet (school website, opens in a new tab) Los Angeles Unified · Wilmington 6–8 0.3 mi
Dan M. Issacs Avalon High (school website, opens in a new tab) Los Angeles Unified · Wilmington 9–12 0.4 mi
Scholarship Prep - South Bay (school website, opens in a new tab) Los Angeles Unified · Wilmington K–8 0.5 mi
Phineas Banning Senior High (school website, opens in a new tab) Los Angeles Unified · Wilmington 9–12 0.5 mi
Fries Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Wilmington K–5 0.5 mi
Broad Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Wilmington K–5 0.6 mi
Gulf Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Wilmington K–5 0.6 mi
Harry Bridges Span (school website, opens in a new tab) Los Angeles Unified · Wilmington K–8 0.7 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$590,000
MLS-reported original asking price
$590,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 9, 2026 01:07$590,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Wilmington

Active residential homes for sale in Wilmington, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings14Current authorized inventory
Median asking price$699,97514 listings with a valid price
Median asking price / sq ft$513.1113 listings with confirmed sq ft
Median days on market61.514 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction2
Listings with an increase0

2 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 23:21 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

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Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.