$1,050,000
$1,045,000
0.5%For more information regarding the value of a property, please contact us for a free consultation.
9,735 Sqft Lot
SOLD DATE : 09/18/2023
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23064779
Sold Date 09/18/23
HOA Y/N No
Year Built 1962
Lot Size 9,735 Sqft
Property Description
Wonderful opportunity to own a well maintained 5-unit mixed-use income property, centrally located in Lomita. This property has a mix of residential and commercial units. There are currently 2 office spaces with entrance off of Narbonne, 1 studio or office with side entry, 1 bedroom / 1 bathroom unit also with side entry, then in the back of the lot a 4 bedroom / 2 bathroom unit with no shared walls. There are a total of 9 parking spots on premises, including a 2-car garage for the 4 bedroom unit and 7 designated parking spots. Currently, the unit that could be a studio apartment or an office is vacant. The 4 bedroom unit has a stove, microwave hood, fridge, dishwasher, and washer/ dryer all included. You?ll also find recessed lighting, laminate floors, and a spacious private backyard with grass and mature fruit trees. The 1 bedroom has its own laundry hookups. The office spaces, units A & B, have their own 1/2 baths and laminate floors. The vacant studio/office has its own 3/4 bath and carpet floors. Commercial leases with 3 two year options remaining on offices offering stable income, 4 bedroom and 1 bedroom units on month-to-month. Huge upside potential. High walk score. Well maintained property, with metered electricity, 4 sub-meters, and low maintenance landscaping.
Location
State CA
County Los Angeles
Area 121 - Lomita
Zoning LOCG*
Interior
Heating Central, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Range, Refrigerator
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Utilities Available See Remarks
Total Parking Spaces 9
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Landscaped
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7375025020
Energy Description 1121.0
Acceptable Financing Cash, Contract, Submit
Listing Terms Cash, Contract, Submit
Financing Other
Special Listing Condition Standard
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Bought with Poul Erik Norgaard • Compass
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Broker Associate | Lic# 00870450