Price Reduction - Views
Address
1060 Mcfarland Avenue, Wilmington, CA
Price
$ 1,299,999
Property Attributes
  • MLS#0025530781
  • TypeSingle Family
  • CountyLOS ANGELES
  • CityWilmington
  • AreaEast Wilmington
  • Zip90744
  • StyleSpanish
  • Year Built1921
  • Price$ 1,299,999
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3719
  • Lot Size0.15 Acres
Data Source:
California Desert Association of REALTORS® (CDAR)
Property Description

SELLER MOTIVATED **Charming & Versatile Dual-Home Property with Endless Potential!** Discover this stunning 6,376 sqft lot featuring two beautifully updated homes and a detached 3-car garage, delivered vacant and perfect for multi-generational living, rental income, or a spacious family retreat. Nestled in a desirable neighborhood, this property blends modern upgrades with timeless charm and incredible upside for future growth, including significant value-add opportunities through SB9 lot split potential. **Front House 2,636 sqft, 5 Beds, 2 Baths** Recently remodeled, this expansive home offers flexibility and style. The upstairs boasts 3 bedrooms, 1 bathroom, a family kitchen, and a cozy fireplace, perfect for gatherings. Downstairs, find 2 large bedrooms, 1 bathroom, a convenient kitchenette, and a dedicated laundry room. With separate entrances, this home can function as a single-family haven or be partitioned into two distinct units for added income potential. Bright, open spaces, modern finishes, a charming front porch area, and a second-story balcony make this home move-in ready. The front house also features a private driveway with space for 3 cars, secured by a rolling security gate, and a gated entryway with a welcoming design. ** 1062 Mcfarland - Back House 1,083 sqft, 2 Beds, 1 Bath** Brand new and thoughtfully designed, the back house is a private retreat with its own address, private gated yard, and in-unit laundry. This 2-bedroom, 1-bathroom gem features a covered porch and is ideal for guests, extended family, or as a high-demand rental unit. Modern amenities and a charming layout ensure comfort and appeal. **Additional Features & Upside**- **SB9 Value-Add Opportunity**: The expansive 6,376 sqft lot is primed for SB9 lot splitting, allowing for the potential to create additional parcels and build new units, significantly increasing the property's value and income potential.- **Detached 3-Car Garage**: In excellent condition, this spacious garage with a covered porch offers ample storage or the potential to convert into an additional ADU for even more rental income or living space.- **6,376 sqft Lot**: The well-maintained lot provides endless possibilities to add another ADU, create a lush garden, or design an outdoor oasis. The size and layout make this property a rare find!- **Prime Location**: Enjoy the charm of a large lot while being close to schools, shops, and dining.- **Delivered Vacant**: Move in immediately or start generating rental income with no tenant complications. Whether you're seeking a spacious family compound, an investment with multiple income streams, or a property with room to grow, this unique estate delivers. Don't miss the chance to own a versatile property with unmatched potential! *NON RENT CONTROLLED PROPERTY, CERT OF OCCUPANCY FOR 1060 MCFARLAND (FRONT HOUSE) IS 1996 FOR 1062 MCFARLAND (BACK HOUSE).*

Price History
4/27/2025 Listed $1,549,999
5/13/2025 7% - $1,449,999
5/27/2025 7% - $1,349,999
6/12/2025 4% - $1,299,999

General Features

Sewer Other
Heating See Remarks
Roof Fire Retardant
Zoning LAR1
Patio/Porch Features Covered,Rear Porch,Front Porch,Porch
Architectural Style Spanish
Pool Features Private
Security Features Carbon Monoxide Detector(s),Fire Rated Drywall,Gated Community,Fire and Smoke Detection System
Full Baths 3
Year Built 1921
View Harbor,City Lights
Levels Multi/Split
Property Subtype Single Family Residence
County Los Angeles
New Construction No
Property Type A
HOA No
Attached Garage No
Other Structures Workshop
Status Active
City Wilmington
Senior Community Y/N No
MLS Area 196 - East Wilmington
Lot Size Units Square Feet
Lot Size Square Feet 6376.0
Property Condition Updated/Remodeled
Additional Parcels Y/N Yes
Structure Type None
Standard Status Active

Interior Features

Interior Amenities Ceiling Fan(s)
Flooring Tile
Kitchen Appliances Disposal,Vented Exhaust Fan
Fireplace Features Family Room
Total Stories 2
Common Walls No Common Walls
Fireplace Y/N Yes
Total Bathrooms 3.0
Laundry Features Washer Included,Dryer Included
Total Baths 3
Total Bedrooms 7

Exterior Features

Lot Features Front Yard,Lawn,Landscaped,Yard,Back Yard
Lot Size Area 6376.0
Spa No
Pool Y/N? No
Building Area Total 3719.0
Lot Dimensions 43x150
Lot Size Acres 0.15
Land Lease Type Fee

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 90744

Price
AVG $760K
$1.3M
Year Built
AVG 1948
1921

Areas We Cover