1320 N Neptune AvenueWilmington, CA 90744

Multi-Family · 1,008 Sq. ft. | 0.13 Acres
$689,900 Active

1320 N Neptune Avenue Overview

Time on Site:
20 days
Visits:
0

Excellent Opportunity in the Heart of Wilmington! This updated Duplex features two 1 Bedroom, 1 Bath Units, offering a blend of immediate rental income and owner occupant potential. Both Units has been recently Renovated with modern finishes and is move in ready! While the second unit is tenant occupied, providing built in cash flow from day one! A rare feature is that each unit has its own private driveway and individual 1 Car Garage, providing excellent parking and storage options. The driveways offer ample space and can accommodate multiple vehicles, making this property especially appealing for households with extra cars. Situated on a Spacious Lot with Alley Access, this Property offers flexibility for Investors, or Buyers looking to offset their mortgage with Rental Income. Conveniently located near schools, shopping, dining, major freeways, and the Port of Los Angeles! Don't miss this chance to own a turnkey income producing Property in a centrally located Wilmington Neighborhood!

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1320 N Neptune Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,008
  • Price/Sq.ft. $684
  • Lot 0.13 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Gross Income: 36283.0
  • Gross Scheduled Income: 36283.0
  • Insurance Expense: 1800.0
  • Net Operating Income: 20800.0
  • Operating Expense: 12938.0
  • Trash Expense: 720.0

Listing Information

  • Contingency: Unit 1322 To Be Sold Occupied, Unit 1320 is, & will be Delivered Vacant. Send all Offers along with Pre Approval, DU, POF, to [email protected] & [email protected]. Please Contact Andre with any Questions (310) 386-8669.

Building Information

  • New Construction: No
  • Year Built: 1924

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 195 - West Wilmington
  • Postal City: WILMINGTON

Community/Development

  • Community Features: Storm Drain(s),Street Lights,Suburban,Sidewalks

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA,Submit,VA Loan
  • Parcel Number: 7420002009
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Building Interior

  • Building Area Total: 1008.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Features: All Bedrooms Down
  • Laundry Features: In Garage
  • Levels: One
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Driveway,Garage
  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.1275
  • Lot Size Area: 5552.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5552.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: No
    • Roof: Shingle

    General Information

    • Number Of Units Leased: 1
    • Number Of Units Total: 2
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    1320 N Neptune Avenue Neighborhood

    Community

    90744 (WILMINGTON) Demographics

    31
    Median Age
    5,955
    Population Density (per sq. mile)
    13%
    College Educated
    $50,965
    Estimated Median Income
    5,277
    Estimated Total Home Owners
    9,661
    Estimated Total Renters
    35% / 65%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1320 N Neptune Avenue Monthly Cost

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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1320 N Neptune Avenue Market Data

    Based on the last 30 days in this zip code

    $675,741
    Average List Price
    $493
    Average Price per Square Foot
    6
    Properties Sold
    86
    Average Days on Market
    68
    Properties for Sale
    Calculations provided by Reliance Network

    1320 N Neptune Avenue History

    Date Event Value Agent
    6/10/2026Source: CRMLS Added to Database
    June 10, 2026
    Listing provided courtesy of Estate PropertiesAngelica Suarez- MLS# SB26124597MLS ProviderContact Information: 310-378-9889
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