Don’t Miss This Incredible Beachside Investment Opportunity! This modern 4-unit gem in the desirable Lomita area is an INVESTOR’S DREAM! Featuring three brand-new units built in 2024, each with 3 bedrooms and 2 bathrooms, plus one charming 2-bedroom, 1-bath unit, this property is packed with potential. All units boast in-unit laundry hookups, spacious layouts, and contemporary finishes. Eco-conscious? You’ll love the paid-off solar panels that slash energy costs and the rain catchers to save on water expenses! The property also features separate utility meters, off-street parking, and low-maintenance landscaping for effortless management. Located in a high-demand rental area, just minutes from Torrance, Redondo Beach, and local hotspots, this property offers endless flexibility—live in one unit while renting out the others, or grow your portfolio with ease.
Best corner location in the South Bay area! A unique mixed-use building in a great location in the South Bay area! The property is zoned LOCG-commercial, and used as mixed units. No parking on this property. Property with high potential for development! 2 retail spaces downstairs and 6 residential units upstairs with 0 vacancies. Quick income! Rents are current. Tenants are month to month except for one of the retail spaces—potential for more income. Please do not disturb the tenants! Subject to inspection. The buyer will verify the sqft of each unit and the information. This location has 3 addresses, 24600, 24606 & 24608 with 1 APN number. Negotiable.
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.
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. The property’s ideal South Bay location surrounded by an abundance of recreational, entertainment, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 25907 Oak Street.
Property is in a state of disrepair and sale is subject to overbid in probate court. The value is in the land. Contact City of Lomita to find out what can be built on the lot.
Courtesy: Peninsula Realty, Inc.
Courtesy: Thomas Maxim
Lomita is located in California. Lomita, California has a population of 20,884. Lomita is less family-centric than the surrounding county with 27.05% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Lomita, California is $85,852. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Lomita is 39.5 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 48 degrees. The average rainfall is approximately 13.9 inches per year, with 0 inches of snow per year.
