$689,900
1320 N Neptune Avenue, Wilmington CA 90744
Multi-Family (Duplex)
Property type
6 days
On market
$684
Price per sqft
2 cars
Garage
1924
Year built
5,552 sqft
Lot size
Home highlights
Open Houses
Overview
Excellent Opportunity in the Heart of Wilmington! This updated Duplex features two 1 Bedroom, 1 Bath Units, offering a blend of immediate rental income and owner occupant potential. Both Units has been recently Renovated with modern finishes and is move in ready! While the second unit is tenant occupied, providing built in cash flow from day one! A rare feature is that each...
Listing provided by: Angelica Suarez DRE #01078617 310-802-2444, Estate Properties, Andre Suarez DRE #02150057, Estate Properties
Listing updated: Jun 16, 2026 at 04:49pm.
Last checked: Jun 16, 2026 at 05:00pm
Source: CRMLS #SB26124597
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $1,123 | $1,123 | $1,900 | Furnished |
| 1 | 1 | 1 | 1 | $0 | $0 | $1,900 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Rent Control: Yes
Units Leased: 1
Total Actual Rent: $1,123
Financial Snapshot
Gross Rent Multiplier
19.0x
List Price / Annual Gross Rent
Cap Rate
3.01%
NOI / List Price
Gross Scheduled Income: $36,283
Operating Expense: $12,938
Net Operating Income: $20,800
Annual Operating Expenses
Insurance: $1,800
Trash: $720
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom
Flooring: Vinyl
Cooling: None
Heating: Wall Furnace
Fireplace: None
Laundry: In Garage
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Roof: Shingle
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
View: Neighborhood
Garage and Parking
Parking: Driveway, Garage
Garage Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7420002009
Additional Parcels: No
Tax Lot: 10
Tax Block: M
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Storm Drains, Street Lights, Suburban, Sidewalks