1551 North Neptune Avenue

Wilmington, CA 90744

$1,150,000
Last Sold Price
5
Beds
3
Baths
1,986 Sq. Ft.
$579 / Sq. Ft.
1,986
Sq. Ft.
$579
per Sq. Ft.

Closed 1/24/25

Closed 1/24/25

a front view of house with yard and green space
a front view of a house with a yard and garage
a large kitchen with a lot of counter space and wooden floor
a large white kitchen with kitchen island a sink wooden floor and a refrigerator
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a large kitchen with stainless steel appliances granite countertop a large counter top and a wooden floors
a kitchen with kitchen island a sink stainless steel appliances and cabinets
a kitchen with white cabinets and sink
a kitchen with a sink stove and refrigerator
a kitchen with white cabinets sink and dishwasher
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a large kitchen with stainless steel appliances granite countertop a large counter top and a wooden floors
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ADU Front
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Description

Welcome to 1551 N Neptune Ave, a fully remodeled property offering two beautifully upgraded homes on one lot! Both the main house and the newly constructed accessory dwelling unit (ADU) have been completely redone from the ground up with high-end finishes and are fully permitted. Whether you're seeking a multi-generational living space or a smart investment opportunity, this property offers exceptional value. The front house is a spacious 3-bedroom, 2-bathroom home with an open-concept layout that...Welcome to 1551 N Neptune Ave, a fully remodeled property offering two beautifully upgraded homes on one lot! Both the main house and the newly constructed accessory dwelling unit (ADU) have been completely redone from the ground up with high-end finishes and are fully permitted. Whether you're seeking a multi-generational living space or a smart investment opportunity, this property offers exceptional value. The front house is a spacious 3-bedroom, 2-bathroom home with an open-concept layout that seamlessly blends the living, dining, and kitchen areas. Laminate wood flooring and recessed lighting run throughout, creating a bright, airy atmosphere. The kitchen is a true highlight, featuring a large oversized island with pendant lighting, custom white shaker-style cabinets, quartz countertops, and plenty of storage. It's perfect for entertaining or simply enjoying everyday meals. The kitchen also provides direct access to the backyard, which offers even more space for relaxation or outdoor activities. The master bedroom is the largest of the three and includes a walk-in closet with built-in storage and an ensuite bathroom. The luxurious ensuite features a striking black granite shower surround, custom shower door, and high-end finishes. Two additional bedrooms are bright and generously sized, each with large closets that feature built-in storage solutions to maximize space. The full guest bathroom in the main house is equally impressive, with a soaker tub, rain shower, and custom granite finishes, giving it a spa-like feel. Conveniently located just outside the bedrooms is a spacious laundry room with storage and washer/dryer hookups. The newly built ADU, located at the rear of the lot, offers 2 bedrooms and 1 bathroom and is finished to the same high standards as the main house. The open-concept design features a bright living area that flows into a beautifully appointed kitchen with white shaker-style cabinets, white quartz countertops, and subway tile backsplash. The bathroom mirrors the main house's luxurious upgrades, with a soaker tub, rain shower, and custom finishes. The two bedrooms are cozy, with built-in closet storage, and the unit also includes central air and heat. The property also provides ample parking and separate private entrances for each unit, ensuring privacy and independence. Located in the desirable Wilmington area, this property is just minutes from local shops, schools, transportation options, and the local ports!
  1. Listed by RAY DURAN, III • DRE #01947484 • Brokerage DRE #00966019 • WEDGEWOOD HOMES REALTY • 323-401-7042
  2. Listed by Diana Palencia • DRE #02085250 • Brokerage DRE #00966019 • Wedgewood Homes Realty

Property Details for 1551 North Neptune Avenue

View
Neighborhood
Parking Spaces Total
7
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1986
LISTING UPDATED: 01/24/2025 07:43 AM

Property Details for 1551 North Neptune Avenue

StatusClosed
MLS #MB24228122
Days on Market29
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

Building Information for 1551 North Neptune Avenue

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

Property Information for 1551 North Neptune Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $6,900
  • Gross Scheduled Income: $6,900
  • Net Operating Income: $6,900
  • Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
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
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Tankless Water Heater
  • Equipment: Dishwasher, In Closet
  • Interior Features: Recessed Lighting
  • Room Type: Attic, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Walk-In Closet
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: In Closet
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Window Features: Double Pane Windows
  • Entry Location: 1
  • Other Structures: Guest House Detached
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Green Energy Efficient: HVAC
  • Green Energy Generation: Solar
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Electric: 220 Volts in Garage
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage
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: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3900
  • 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: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 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$300,215Additions$75,052Total$375,267
Tax Record2024$4,816 ($401 / 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
Scholarship Prep - South Bay
Charter - K to 8
Phineas Banning Senior High School
Public - 9 to 12
Avalon High School
Public - 9 to 12
Rating
School
Distance
Fries Avenue Elementary School
PublicK to 5

Scholarship Prep - South Bay
CharterK to 8

Phineas Banning Senior High School
Public9 to 12

Avalon High School
Public9 to 12

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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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WEDGEWOOD HOMES REALTY, RAY DURAN, III, DRE #01947484; Wedgewood Homes Realty, Diana Palencia, DRE #02085250

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.