
Los Angeles, California 90744
This property presents a Strong Value Opportunity with a List Price of $579,900—positioned well below the $613,699 Fair Market Value by 5%. This valuation gap offers $33,799 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full interior renovation, yet the 6,648 sqft ADU-friendly lot provides significant upside for forced appreciation. Located near Wilmington Middle School, this is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1727 N Neptune Subject | $579,900* List Price | 3 | 1 | 1,190 | $516 | - |
A 1215 W Mauretania Street Sold | $700,000 | 3 | 2 | 1,220 | $574 | 0.7 mi |
B 1128 W Dolores Sold | $717,000 | 3 | 2 | 1,152 | $622 | 0.5 mi |
C 1611 Bay View Avenue Pending | $715,000 List Price | 3 | 2 | 1,263 | $566 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 (73 years old) and marketed as an 'investor’s delight' that is 'ready for transformation.' The listing indicates it has not been updated in over 20 years and requires full restoration, suggesting that the kitchen, single bathroom, and major home systems (HVAC/Electric) are significantly dated and require a complete rehab.
Elementary School: Taper Avenue Elementary School (9/10).
The property features a generous 6,648 sqft lot with a detached two-car garage and a long driveway, providing an excellent opportunity to construct an Accessory Dwelling Unit (ADU) for multi-generational living or rental income.
Priced competitively for the Wilmington area, this 'investor’s delight' offers significant equity-building potential through the restoration of original hardwood floors and a full interior renovation.
Marketed as a 'transformation' project and held by the same owner for over 20 years, the property likely requires substantial capital expenditure to address deferred maintenance and modern updates.
The 3-bedroom, 1-bathroom configuration is less desirable for modern family standards and may require a layout reconfiguration or expansion to maximize its market value.
OPPORTUNITY ALERT!! PRICED TO SELL! Investor’s delight in a desirable Wilmington location! First time on the market in over 20 years, this traditional 3bedroom, 1bath home is ready for transformation and loaded with potential. Featuring original hardwood floors, a long driveway, detached 2 car garage, and a generous ADU friendly lot, this is an excellent opportunity for an investor, contractor, or owner-user looking to create value. Renovate and restore, expand the existing home, or explore the potential for an ADU...buyer. Come see the possibilities for yourself!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,190 | 1,664.159 |
| Lot Size | 6,648 | 6,066.556 |
| Price | $579.9K | $1.35M |
| Price per sq ft | $487 | $806 |
| Built year | 1951 | 1939 |
| HOA | $0 | $278 |
| Days on market | 25 | 55 |
Aug 15, 2026
$579,900
Initial Listing