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$ 1,500,000
Est. payment | /mo
5 Beds
3 Baths
0.46 Acres Lot
$ 1,500,000
Est. payment | /mo
5 Beds
3 Baths
0.46 Acres Lot
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!
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
Listed by Vishesh Sharma • Century 21 Union Realty
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Keegan Wetzel
Founder of Multifamily | License ID: 02153342