Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

1057 N Neptune

Wilmington, CA, 90744

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$819,999

MLS: SB25257284

Beds

5

Baths

3

Sq Ft

2,539

Lot

0.15 ac

Year Built

1927

MLS #

SB25257284

Days on Market

136

Listed

Nov 10, 2025

Description

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.

Location

Wilmington, Los Angeles County, CA 90744

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Listed by: Josephine Tan · Premier Real Estate & Mortgage Services

Payment estimate

$5,996

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $82,000 · Loan: $737,999

%
Principal & Interest
$4,534
Property tax (1.25%)
$854
Homeowners insurance
$300
Mortgage insurance
$307
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Wilmington home with as little as 3.5% down using an FHA loan — roughly $28,700 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Wilmington, CA 90744 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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