Listed By:
The Real Estate Group, 310-200-6847, Rita DeBolt
Listing Sold By:
Century 21 Union Realty
Local Realty Services Provided By:
Keller Williams Realty L.A. Harbor
Overview
What It'll Cost
Neighborhood
Similar Homes
$1,300,000
25930 Cypress Street, Lomita, CA 90717
3,723
sq ft
.13
ac
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$1,300,000
25930 Cypress Street, Lomita, CA 90717
Estimation provided by Keller Williams Realty Inc.
3,723
sq ft
.13
ac
Closed
Sold
Property Description
This three-unit building in Lomita represents an excellent investment opportunity. The property has been well-maintained and houses long-term tenants. Each unit features a townhouse-style layout with a spacious living room, kitchen, dining area, guest bathroom, large bedrooms, and a private two-car garage. Additionally, tenants have their own yard and have access to an on-site laundry room. These units boast ample closet space and are equipped with appliances, such as a dishwasher, stove, and microwave. There are no units situated above or below each townhouse unit, ensuring privacy. Located on a quiet cul-de-sac near Rolling Hills shopping center and less than four miles from the beach, this property benefits from a solid rental history and promises high potential returns, making it a sound investment. State rent control (for ex. Just Cause rules) applies. Gross Multiplier of 13.6 does not include laundry income. SELLERS HAVE NEVER OCCUPPIED THE PROPERTY. Realist says there are 4 bathrooms, so half baths probably are not permitted. Some expenses listed are estimates. Buyer to investigate the property to their satisfaction.
Assessed Value is a combination of the land and additions.
2023
$11,337
(+5%)
$862,982
Land 450,965 +
Additions 412,017
2022
$10,798
(+1.14%)
$829,473
Land 433,454 +
Additions 396,019
2021
$10,675
(+3.24%)
$829,473
Land 433,454 +
Additions 396,019
2019
$10,340
(+74,665.51%)
$820,969
Land 429,010 +
Additions 391,959
2017
$13.83
$789,092
Land 404,267 +
Additions 369,353
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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