1057 N Neptune, Wilmington, California 90744, Wilmington, 90744 - 5 bed, 3 bath
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Wilmington, California 90744
This Versatile Multi-Unit Property is listed at $819,999, representing a stable acquisition at its $819,999 Fair Market Value. The estate features Three Distinct Living Units—including a 3-bedroom front house and a 2-bedroom rear addition—situated on a 6,651 sq ft lot with a private Patio. Despite a Fair Condition Rating and $0 in Instant Equity, the property offers high rental demand and proximity to Taper Avenue Elementary School (9/10) and Harry Bridges Span (8/10). This setup is a strategic choice for Buy-and-Hold Investors or Owner-Occupants looking for a multi-generational home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1057 N Neptune Subject | $819,999* List Price | 5 | 3 | 2,539 | $323 | - |
A 1323 Mcdonald Avenue Sold | $900,000 | 4 | 3 | 2,397 | $375 | 0.4 mi |
B 1327 W F Sold | $750,000 | 6 | 3 | 2,240 | $335 | 0.7 mi |
C 1446 Gulf Active | $650,000 List Price | 3 | 3 | 1,793 | $363 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1927, this multi-unit property is well-maintained but shows clear signs of age. While functional and move-in ready, the kitchens and bathrooms feature older styles and fixtures rather than recent modern renovations. The layout, particularly the 3-bedroom unit with only one bathroom, reflects its vintage origins, placing it in the fair category due to outdated components and expected maintenance needs for older infrastructure.
Elementary School: Taper Avenue Elementary School (9/10).
The property features three distinct living units, including a 3-bedroom front house, a 2-bedroom rear addition, and a studio, offering exceptional flexibility for multi-generational living or rental income.
With a total of 5 bedrooms and 3 bathrooms across multiple structures, this property is a prime investment opportunity capable of generating multiple streams of revenue in a high-demand rental market.
The property offers only 3 bathrooms for a total of 5 bedrooms; specifically, the 3-bedroom front unit's single bathroom may be a drawback for modern families seeking more convenience.
Originally constructed in 1927, the property's age may necessitate ongoing maintenance or modernization of older systems to meet contemporary efficiency and aesthetic standards.
Nestled in the heart of Wilmington, 1057 N Neptune Ave offers a rare opportunity to own a versatile multi-unit property on a spacious 6,651 sq ft lot. Originally built in 1927 as a single-family residence, the home has been thoughtfully expanded to include three distinct living units. The front unit features 3 bedrooms and 1 bathroom, showcasing classic charm and a comfortable layout. At the rear, a two-story addition provides a private 2-bedroom, 1-bath unit—ideal for extended family or rental income. Completing the setup is a studio-style unit with 1 bedroom and 1 bathroom, perfect for guests or additional rental potential. With a total of 5 bedrooms and 3 bathrooms across approximately 2,539 sq ft of living space, this property offers flexibility for multi-generational living or investment. Located near schools, parks, and major freeways, this property combines convenience, income potential, and long-term value in one compelling package.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 2,539 | 1,122 | 93% |
| Lot Size | 6,651 | 5,296.5 | 83% |
| Price | $820.0K | $700.0K | 87% |
| Price per sq ft | $323 | $589 | 7% |
| Built year | 1927 | 1948 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 163 | 189 | 43% |
Nov 10, 2025
$819,999
Initial Listing