$2,500,000
$2,699,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
25530 OAK ST Lomita, CA 90717
0.46 Acres Lot
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 18332626
Sold Date 06/29/18
HOA Y/N No
Year Built 1964
Lot Size 0.460 Acres
Acres 0.46
Property Description
A HUGE 20K square foot parcel with 7 mostly bungalow-style units. Enclosed garages, yards, and washer/dryer hookups - giving a "home-like" feel for the tenants. Definitely a superior rental option compared to a typical stacked apartment building. The units have copper plumbing, separate gas and electric meters, as well as, separate hot water heaters - keeping landlord expenses down. Long-time, out-of-area ownership - an excellent value-add investment opportunity, particularly for a local "buy-and-hold" investor. Ideal location along PCH, just east of shopping and dining at Rolling Hills Plaza.
Location
State CA
County Los Angeles
Area 121 - Lomita
Zoning LORVD5000*
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Cooling None
Fireplace No
Laundry None
Building
Lot Description Sprinklers None
Story 2
Others
Tax ID 7375023014
Special Listing Condition Standard
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Bought with Brice Head • Marcus & Millichap