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$ 1,150,000
Est. payment | /mo
7 Beds
6 Baths
5,751 Sqft Lot
$ 1,150,000
Est. payment | /mo
7 Beds
6 Baths
5,751 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV25035443
Bedrooms 7
HOA Y/N No
Lot Size 5,751 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This three-unit building in Lomita represents an excellent investment opportunity. The property has been well-maintained and houses long-term tenants. Each unit features a townhouse-style layout with a spacious living room, kitchen, dining area, guest bathroom, large bedrooms, and a private two-car garage. Additionally, tenants have their own yard and have access to an on-site laundry room. These units boast ample closet space and are equipped with appliances, such as a dishwasher, stove, and microwave. There are no units situated above or below each townhouse unit, ensuring privacy. Located on a quiet cul-de-sac near Rolling Hills shopping center and less than four miles from the beach, this property benefits from a solid rental history and promises high potential returns, making it a sound investment. State rent control (for ex. Just Cause rules) applies. Gross Multiplier of 13.6 does not include laundry income. SELLERS HAVE NEVER OCCUPPIED THE PROPERTY. Realist says there are 4 bathrooms, so half baths probably are not permitted. Some expenses listed are estimates. Buyer to investigate the property to their satisfaction.
This three-unit building in Lomita represents an excellent investment opportunity. The property has been well-maintained and houses long-term tenants. Each unit features a townhouse-style layout with a spacious living room, kitchen, dining area, guest bathroom, large bedrooms, and a private two-car garage. Additionally, tenants have their own yard and have access to an on-site laundry room. These units boast ample closet space and are equipped with appliances, such as a dishwasher, stove, and microwave. There are no units situated above or below each townhouse unit, ensuring privacy. Located on a quiet cul-de-sac near Rolling Hills shopping center and less than four miles from the beach, this property benefits from a solid rental history and promises high potential returns, making it a sound investment. State rent control (for ex. Just Cause rules) applies. Gross Multiplier of 13.6 does not include laundry income. SELLERS HAVE NEVER OCCUPPIED THE PROPERTY. Realist says there are 4 bathrooms, so half baths probably are not permitted. Some expenses listed are estimates. Buyer to investigate the property to their satisfaction.
This three-unit building in Lomita represents an excellent investment opportunity. The property has been well-maintained and houses long-term tenants. Each unit features a townhouse-style layout with a spacious living room, kitchen, dining area, guest bathroom, large bedrooms, and a private two-car garage. Additionally, tenants have their own yard and have access to an on-site laundry room. These units boast ample closet space and are equipped with appliances, such as a dishwasher, stove, and microwave. There are no units situated above or below each townhouse unit, ensuring privacy. Located on a quiet cul-de-sac near Rolling Hills shopping center and less than four miles from the beach, this property benefits from a solid rental history and promises high potential returns, making it a sound investment. State rent control (for ex. Just Cause rules) applies. Gross Multiplier of 13.6 does not include laundry income. SELLERS HAVE NEVER OCCUPPIED THE PROPERTY. Realist says there are 4 bathrooms, so half baths probably are not permitted. Some expenses listed are estimates. Buyer to investigate the property to their satisfaction.
Location
State CA
County Los Angeles
Area Lomita (90717)
Zoning Assessor
Interior
Heating Electric
Appliance Fireplace
Exterior
Exterior Feature Stucco
Parking Features Unit1:Assigned
Roof Type Rolled/Hot Mop
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $1, 186
Acceptable Financing Cash, Conventional
Space Rent $2,850
Listing Terms Cash, Conventional
Listed by Rita DeBolt • The Real Estate Group
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Keegan Wetzel
Founder of Multifamily | License ID: 02153342