1625 Lomita, Harbor City, CA, 90710

USD 1,480,000
For Sale

Property Details

Bedrooms

8

Bathrooms

8

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 8 • Bathrooms: 8 • Square Feet: 4770 • Lot/Size: 5,901 sqft lot

Description: First time on the market in 37 years! This 8-unit apartment complex offers investors a classic bread-and-butter income property in a strong rental location near Kaiser Permanente South Bay Medical Center and adjacent to the desirable, affluent South Bay communities of Lomita and Rancho Palos Verdes. The property’s strategic location provides consistent rental demand with easy access to major freeways, beaches, shopping, dining, and major employment centers throughout the South Bay and Harbor Area. The property features an optimal mix of one- and two-bedroom units with substantial, nearly 45% upside in rental income as units turn over. Additional features include on-site laundry with l

Location

Address

1625 Lomita, Harbor City, CA, 90710

City

Harbor City

Features and Finishes

Year Built: 1958; [object Object]; [object Object]; [object Object]

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