1625 Lomita Blvd, Harbor City, CA 90710
Property Details
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 leased equipment and open parking in the rear of the building.
PROPERTY DETAILS: Square Feet: 4770
EXTERIOR FEATURES: • Parking: 4 Parking Spaces, • Pool Description: None • Additional Exterior/Lot Features: Rectangular Lot
LISTING AGENT: Agent: Olga Wright | Office: Lyon Stahl Investment Real Estate, Inc. | Phone: 3108017373 | Email: [email protected]
LISTING INFORMATION: MLS#: SB26101504 | Status: FOR SALE
Location
Address
1625 Lomita Blvd
City
Harbor City
Features and Finishes
Exterior Features:
• Parking: 4 Parking Spaces,
• Pool Description: None
• Additional Exterior/Lot Features: Rectangular Lot
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