CA > Los Angeles
Los Angeles, CA 90019,4639 Lomita St
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Los Angeles, CA 90019,4639 Lomita St
Los Angeles, CA 90019,4639 Lomita St
Los Angeles, CA 90019,4639 Lomita St
Los Angeles, CA 90019,4639 Lomita St
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Scott Goshorn

Scott Goshorn

+1(323) 251-5479
$ 2,350,000
Est. payment /mo
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Active

4639 Lomita St Los Angeles, CA 90019

14 Beds

12 Baths

7,598 SqFt

UPDATED:

11/18/2024 06:28 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,598 sqft

Price per Sqft $309

MLS Listing ID 24-388399

Bedrooms 14

Year Built 1958

Lot Size 9,371 Sqft

Acres 0.2235

Property Description

We are pleased to offer for sale a 12-unit apartment community located at 4639 Lomita Street. The subject property is located just south of Venice Boulevard and east of La Brea Avenue. This property is being sold as part of a 5 building, 79-unit portfolio that is available individually or any combination as a portfolio purchase. The property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 9,734 square foot parcel, the property is comprised of 10 one-bedroom units and two, two-bedroom units. The property has 37% remaining rental upside through unit renovations along with on-site parking for every unit and on-site laundry facilities. 4639 Lomita Street offers investors an opportunity to acquire a mid-sized asset in a sought-after in-fill submarket of Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate units in order to achieve superior market rents moving forward, makes 4639 Lomita Street an excellent acquisition opportunity.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Garage None

Garage Spaces 12.0

Building

Story 2

Level or Stories Multi/Split, Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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