1737 252Nd Street, Lomita, CA 90717
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Listed Price :
$2,950,000
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Beds :
9
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Baths :
8
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Property Size :
4,632 sqft
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Year Built :
1942
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.
Interior Features
| Bedroom Information |
| Bedrooms |
9 |
| Bathroom Information |
| Bathrooms |
8 |
| Interior Information |
| Features |
Ceiling Fan(s) |
Listing Information
| Address |
1737 252Nd Street |
| City |
Lomita |
| State |
CA |
| Zip |
90717 |
| County |
Los Angeles |
| Listing Agent |
Noam Srolovitz DRE #02069623 |
| Co-Listing Agent |
Benjamin Lester DRE #02033314 |
| Courtesy Of |
Kape Property Management, Inc. |
| List Price |
$2,950,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
4,632 |
| Lot Size |
15,019 |
| Year Built |
1942 |
Listing information courtesy of: Noam Srolovitz, Benjamin Lester, Kape Property Management, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 18th, 2024 at 12:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
