Welcome to this charming duplex situated in a superb Lomita neighborhood. This property features three separate units, each with its own unique appeal. The front unit is super cute and inviting, boasting an abundance of charm from its 1948 origins. Just recently upgraded, this unit is absolutely adorable and ready for you to move in. It features two cozy bedrooms and two private baths, offering the perfect blend of vintage character and modern comfort. This wonderful front unit also includes an enclosed patio area with a full outdoor kitchen and dining bar. The second unit is a spacious one-bedroom, one-bath that opens to a stylish and relaxing outdoor dining area. Just steps away, enjoy an open yard with a grassy area perfect for outdoor activities. This fantastic property also features a large greenhouse adjacent to the open grassy yard. Additionally, it includes a large driveway with a two-car garage, security fencing, and a large storage room.
Located on the corner of Walnut St and 259th Pl, this is an excellent opportunity to own a well maintained 3-unit property as an investment or great for an individual looking to build a real estate portfolio starting with an owner-occupied unit. Comprising of three individual buildings on one parcel in an outstanding location in the Lomita Pines area, these units are close to public transportation and walking distance to schools, shops, and restaurants. 25907 Walnut St. is a two story 1220sf SFR built in 1979 with a soaring cathedral ceiling and loft to a second-floor master suite. There is a deck off the master with east facing views. A laundry room is also located off of the kitchen. The second building, 25911 Walnut St., is 324sf, it is a one-bedroom unit, built in 1947 and sits above a two-car garage. This unit was completed renovated in 2020; upgrades include, new electrical, plumbing, floors, kitchen, bathroom and water heater. The third building, 1905 W 259th Pl., is a one-level, 789sf SFR built in 1929. This sits on the corner of 259th and Walnut and has a laundry room. It was recently upgraded this spring including painting, floors and bathroom vanity. Don't miss the great opportunity to invest Lomita and close to the Beach Cities!
Super clean 4 unit building Low maintance always rented. Would be great for an owner occupied Front unit has private enclosed front yard Each unit is seperately metered for electric and gas New washer and dryer 2 garages are vacant. Possible ADU Border of Southeast Torrance Call listing agent for details
Major price revision, 5 unit apartment building in Lomita! Prime South Bay market where multifamily properties rarely become available. Well located just North of Pacific Coast Highway in-between Eshelman Avenue and Western Avenue. Wrap-around corner lot with highly sought after layout: (1) front detached house (950 s.f.) with (4) 1 bedroom/1 bath units in the rear (500 s.f. each). Features newer roofs and new individual water heaters for each unit. The house was taken down to the studs and updated/remodeled (2005). 1 of 4 apartment units have been rehabbed (2020). Apartment tenants receive a storage locker 5 x 7 included in their rent located in the parking area and there is an additional structure attached to the rear of the building generating additional monthly storage income. Steady day 1 cash flow + significant rental upside: 5.09% cap rate, 6.45% proforma.
25907 Oak Street is a 23-unit multifamily investment property located in Lomita, CA. 25907 Oak Street consists exclusively of two-bedroom townhomes and offers desirable amenities including garage and surface parking, on-site laundry, private patios, and gated access. Additionally, the property presents an opportunity to add one accessory dwelling unit (ADU) to further increase rental income. 25907 Oak Street is within 1 mile of Rolling Hills Plaza, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is just over 1 mile from Ken Malloy Harbor Regional Park, one of the largest parks in all of Los Angeles County, which gives residents the opportunity to enjoy numerous outdoor activities. 25907 Oak Street benefits from its location 1.80 miles away from Los Angeles Harbor College, a major economic and housing driver for the area. Furthermore, Pacific Coast Highway and Western Avenue’s close proximity to the property allow residents easy access to employment hubs throughout the South Bay.
Courtesy: Peninsula Realty, Inc.
Courtesy: Thomas Maxim
Lomita is located in California. Lomita, California has a population of 20,707. Lomita is less family-centric than the surrounding county with 30.38% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Lomita, California is $62,353. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Lomita is 40.7 years.
The average high temperature in July is 76.8 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 13.9 inches per year, with 0 inches of snow per year.
