26012 Narbonne Avenue new

Lomita,CA 90717

$ 1500000

5 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25029775

Bedrooms 5

HOA Y/N No

Lot Size 0.459 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Discover a remarkable investment opportunity at 26012 Narbonne Ave, Lomita. This unique property features three units on a sprawling 20,007 sq. ft. lot, offering dual investment strategies: secure passive income with its existing structures or leverage its full potential as a builders dream. Recent zoning changes potentially could allow for development of up to 40 units per acre, with the possibility to construct four stories reaching up to 60 feet in height. Perfectly situated in a prime South Lomita location, the property is just moments away from the new Rolling Hills Country Club and a mere two blocks south of Pacific Coast Highway, placing future developments in a highly desirable area. Dont miss out on this exceptional opportunity for both investors and builders!
Discover a remarkable investment opportunity at 26012 Narbonne Ave, Lomita. This unique property features three units on a sprawling 20,007 sq. ft. lot, offering dual investment strategies: secure passive income with its existing structures or leverage its full potential as a builders dream. Recent zoning changes potentially could allow for development of up to 40 units per acre, with the possibility to construct four stories reaching up to 60 feet in height. Perfectly situated in a prime South Lomita location, the property is just moments away from the new Rolling Hills Country Club and a mere two blocks south of Pacific Coast Highway, placing future developments in a highly desirable area. Dont miss out on this exceptional opportunity for both investors and builders!

Location

State CA

County Los Angeles

Area Lomita (90717)

Zoning Assessor

Building

Lot Description Sidewalks

Story 1

Others

Acceptable Financing Cal Vet,Cash,Conventional,Exchange,VA

Space Rent $2,450

Listing Terms Cal Vet,Cash,Conventional,Exchange,VA

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