Lomita, CA 90717,1737 252nd St
Lomita, CA 90717,1737 252nd St
Lomita, CA 90717,1737 252nd St
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$2,950,000
Est. payment /mo
9 Beds
8 Baths
4,632 SqFt
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UPDATED:

10/18/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,632 sqft

Price per Sqft $636

MLS Listing ID 24-451579

Bedrooms 9

Year Built 1942

Lot Size 0.345 Acres

Acres 0.3448

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 Lomita

Zoning LOR1*

Rooms

Other Rooms None

Interior

Heating Zoned, Combination, Wall, Wall Gas, Other

Cooling Air Conditioning, Multi/Zone

Equipment Built-Ins, Cable, Dishwasher, Dryer, Ceiling Fan, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Refrigerator, Washer, Vented Exhaust Fan, Range/Oven

Exterior

Garage Assigned

Garage Spaces 14.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Kape Property Management, Inc.

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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