1737 252nd ST new Save Request In-Person Tour Request Virtual Tour
Lomita,CA 90717
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,632 sqft
Price per Sqft $636
MLS Listing ID 24451579
Bedrooms 9
Year Built 1942
Lot Size 0.345 Acres
Property Description
We are pleased to present this turnkey (with upside) and easy-to-manage 7-unit classic bungalow community situated on a residential cul-de-sac street in the heart of Lomita. This asset comprises seven completely freestanding homes, including six 1-bedroom residences and one 3-bedroom, 2-bathroom "owner's unit." Listed at a 4.71% current cap rate and 14.56 current GRM. Each of the bungalows feel like single family homes, complete with private yards, in-unit laundry and plenty of interior space. Five of the seven bungalows have been renovated within the past ~12 months, including the impressive "owner's unit" a professionally designed ~1,200 square foot 3-bed, 2-bath home with a gorgeous chef's kitchen, open floorplan, private yard, master suite with a walk-in closet and elegant ensuite bathroom, private 1 car garage (plus extra parking), minisplit temperature control (AC), in-unit laundry, brand new luxury flooring and windows, and more. These units lease FAST due to their unique renter-friendly qualities. The property's grounds consist of gobs of off-street parking (14 spaces!) and a manicured courtyard with mature avocado trees. NO LOCAL RENT CONTROL - subject only to AB 1482.
Location
State CA
County Los Angeles
Area 121 - Lomita
Zoning LOR1*
Interior
Heating Combination,Wall Furnace,Zoned
Exterior
Garage Assigned
Garage Spaces 1.0
Garage Description 1.0
Building
Story 1
New Construction No
Others
Special Listing Condition Standard