1551 North Neptune Avenue

1551 North Neptune Avenue

Wilmington, CA 90744

$1,170,000
Price
5
Beds
3
Baths
2,764 Sq. Ft.
$423 / Sq. Ft.
2,764
Sq. Ft.
$423
per Sq. Ft.

Description

PRICE REDUCTION on a Extraordinary one-of-a-kind two properties on a lot! 3-bedroom 2-bathroom home completly remodeled with an additional new construction dwelling unit (ADU) with 2 bedrooms 1 full bathroom that has its own laundry area central heating and air conditioner and solar panels. This beautifully remodeled property offers versatile living spaces that cater to multigenerational families or savvy investors looking to generate rental income. As you step into the main residence, you'll be...PRICE REDUCTION on a Extraordinary one-of-a-kind two properties on a lot! 3-bedroom 2-bathroom home completly remodeled with an additional new construction dwelling unit (ADU) with 2 bedrooms 1 full bathroom that has its own laundry area central heating and air conditioner and solar panels. This beautifully remodeled property offers versatile living spaces that cater to multigenerational families or savvy investors looking to generate rental income. As you step into the main residence, you'll be greeted by a bright, open floor plan with recessed lighting throughout. Discover three spacious bedrooms, two modern bathrooms, and a kitchen that is the epitome of luxury, featuring quartz countertops, sleek cabinets, and enchanting special lighting. Every detail has been carefully considered to enhance comfort and convenience, from the spacious walk-in closet in the primary suite to the dedicated areas for shoe organization in one of the bedrooms. The private laundry area adds another layer of functionality to this already impeccable home. Just steps away, the ADU provides a retreat of its own, complete with a fully equipped kitchen and bathroom facilities, ensuring autonomy and privacy for its occupants. But the beauty doesn't end there – this property also boasts a 2-car garage with a sizable attic. Outside, the ADU features its own private backyard. Beautifully designed pavers in the front, driveway and back yard with artificial grass in the front yard adds to the allure of outdoor living while minimizing maintenance. Ideally situated in a desirable area of Wilmington, close to the Harbor, shopping, and major freeways. This property offers the perfect blend of convenience and luxury. Don't miss your chance to experience the magic of contemporary living in this breathtaking home and ADU combination.
  1. Listed by Laura Luna • DRE #01482948 • Brokerage DRE #00527439 • Century 21 Union Realty • 310-528-4504

Property Details for 1551 North Neptune Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Seller
Living Area
2764
Assessor Parcel Number
7421-015-011
Property Attached YN
false

Location

Listing Courtesy of Century 21 Union Realty, Laura Luna, DRE #01482948
Add your commute
LISTING UPDATED: 04/27/2024 09:37 AM

Property Details for 1551 North Neptune Avenue

StatusActive
MLS #SB24049588
Days on Market48
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.15 AC / 6,649 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Union Realty, Laura Luna, DRE #01482948
Add your commute

Building Information for 1551 North Neptune Avenue

Stories1Residences-Year Built1927Building Size-Lot Size0.15 AC / 6,649 SF

Payment Calculator

$6,779 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,385

Property Taxes

$394

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1551 North Neptune Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $6,400
  • Gross Scheduled Income: $7,000
  • Net Operating Income: $600
Expense Details
  • Operating Expense: $600
  • Fuel Expense: $0
  • Electric Expense: $200
  • Insurance Expense: $100
  • Trash Expense: $100
  • Water Sewer Expense: $200
  • Total Expenses: $600
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 2
  • Tax Census Tract: 2942.00
  • CFD/Mello-Roos Fee: $314
  • Tax Lot: 11
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 7000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 1551 North Neptune Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1551 North Neptune Avenue

Taxable ValueLand$294,329Additions$73,581Total$367,910
Tax Record2023$4,727 ($394 / month)
Home Facts
Beds2Total Finished SqFt832 SqFtAbove Grade Finished SqFt832 SqFtStories1Lot Size6,649 SqFtStyleSingle Family ResidenceYear Built1927ZoningLAR1CountyLOS ANGELESAPN7421-015-011

Schools near 1551 North Neptune Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Fries Avenue Elementary School
Public - K to 5
Our Community Charter School
Charter - K to 8
Phineas Banning Senior High School
Public - 9 to 12
Vintage Math/Science/Technology Magnet School
Public - K to 5
Rating
School
Distance
Fries Avenue Elementary School
PublicK to 5

Our Community Charter School
CharterK to 8

Phineas Banning Senior High School
Public9 to 12

Vintage Math/Science/Technology Magnet School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1551 North Neptune Avenue, Wilmington, CA 90744

1551 North Neptune Avenue is a multi-family home for sale in Wilmington, CA 90744. This property was listed for sale on March 11, 2024 by Century 21 Union Realty, it's currently listed at $1,170,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Fries Avenue Elementary School, Our Community Charter School and Phineas Banning Senior High School. 1551 North Neptune Avenue is a 5-bed, 3-bath, 2,764 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Union Realty, Laura Luna, DRE #01482948

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.