Check Availability
$1,170,000
↓ $105K (8.2%)
House - For Sale

1551 N Neptune Avenue

Wilmington, CA 90744
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2300 Sqft
$5,745
Estimated Monthly
$0
HOA / Fees

About This Property

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.

The manager has listed the unit size as 2300 square feet.
Unit Size
2,300Ft²
Days on Market
47 days
Land Size
0.15 acres
Price per sqft
$509
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1927
Listed By
Laura Luna
Laura Luna
Century 21 Union Realty
Last updated: 7 days ago (MRMLSCA #SB24049301)

Price History

Date / Event Date Event Price
Apr 11, 2024 Price Decreased $1,170,000
↓ $105K (8.2%)
Price Decreased
Mar 11, 2024 Listed by Century 21 Union Realty $1,275,000
Listed by Century 21 Union Realty

Property Highlights

Air Conditioning
Building Details
New Construction

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,649
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 500
  • Total Building Area: 832
  • Building Area: 832
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 832
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: THE BAY VIEW
  • Land Acres: 0.153
  • Legal Description 1: THE BAY VIEW TRACT # 2 LOT/SEC 11 BLK/DIV/TWN 6

Ownership

  • Current Owner : MEDRANO ALBERT
  • Previous Owner : BAILEY DONALD E

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 294200

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 74-B3
  • Subdivision Tract Number: 2
  • Parcel: 7421-015-011
  • Block: 6
  • Lot: 11
  • Municipality: SOUTH /WILMINGTON
  • Latitude: 33.7945
  • Longitude: -118.27

    Address

  • Full Address: 1551 N Neptune Ave
  • Address - House Number: 1551
  • Street Direction: N
  • Address - Street Name: Neptune
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Wilmington
  • Carrier Code: C010
  • 4-Digit Zip Code: 2003
  • Zip Code: 90744

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,513
  • Tax Rate Code Area: 00-400

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 611,798
  • High Value: 758,368
  • Low Value: 465,228

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,910
  • Assessed Land Value: $294,329
  • Assessed Improvements Value: $73,581

    Sales

  • Current Sale Contract Date: Mar 24, 2020
  • Current Sale Recording Date: Apr 10, 2020
  • Current Sale Transaction ID: 11754014190
  • Current Sale Price: $350,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 20-0406130

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
8 Beds
4 Baths
2,822 ft²
$390/ft²
$1,099,999 Dec 1, 2023
-
-

About Harbor


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Frequently Asked Questions

When was property at 1551 North Neptune Avenue built and last sold?
The property at 1551 North Neptune Avenue was built in 1927 and last sold on Mar 24, 2020 for $350,000.
How much is this home worth?
The estimated value of the home located at 1551 North Neptune Avenue is $1,279,557.
What are some comparable homes to 1551 North Neptune Avenue?
Homes that are comparable to 1551 North Neptune Avenue include a multifamily property at 814 North Gulf Avenue, located in Wilmington, CA.

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