**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!
Property Details
Price:
$1,549,999
MLS #:
25530781
Status:
Active
Beds:
7
Baths:
3
Address:
1060 Mcfarland Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
196eastwilmington
City:
Wilmington
Listed Date:
Apr 26, 2025
State:
CA
Finished Sq Ft:
3,719
ZIP:
90744
Lot Size:
6,376 sqft / 0.15 acres (approx)
Year Built:
1921
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Mortgage Calculator
Schools
Interior
Appliances
Disposal, Vented Exhaust Fan
Fireplace Features
Family Room
Flooring
Tile
Interior Features
Ceiling Fan(s)
Exterior
Garage Spaces
3.00
Lot Features
Back Yard, Front Yard, Lawn, Landscaped, Yard
Parking Features
Private, R V Potential, R V Access/ Parking, Garage – Three Door, Gated, Oversized, Guest
Parking Spots
5.00
Pool Features
None
Roof
Fire Retardant, Other
Security Features
Fire and Smoke Detection System, Gated Community, Fire Rated Drywall, Carbon Monoxide Detector(s)
Spa Features
None
Stories Total
2
View
Harbor, City Lights
Financial
Map
Community
- Address1060 Mcfarland Avenue Wilmington CA
- Area196 – East Wilmington
- CityWilmington
- CountyLos Angeles
- Zip Code90744
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1060 Mcfarland Avenue
Wilmington, CA
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