$2,865,000
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25827 Oak ST Lomita, CA 90717
14,262 SqFt
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,262 sqft
Price per Sqft $191
MLS Listing ID SB13047229
Year Built 1963
Lot Size 0.470 Acres
Property Description
Substantial upside in rents. No rent control. The building contains 2 one bedroom/one bath units and 15 two-bedroom, one-bath units. Each unit has its own washer and dryer hook-ups. Unit #16 was originally permitted and constructed as a 3 bedroom/two-bath unit. Over forty years ago, this unit was converted without permit to a 2 bedroom/1 bath unit and 1 bedroom/1 bath unit. The owner pays utilities for these two units. Owner also pays utilities for unit
#8 due to sharing the same meter for the common area laundry room.
There is no rent control in Lomita.
Two units were recently renovated with faux wood vinyl flooring, 6-panel doors, stacked washer/dryer, stainless steel sink, new pedestal sink, shower doors, tub surround and fixtures in bathroom. Asking rent is $1,395 and $1,425.
Newer roof; galvanized plumbing; Common area laundry (leased); 23 on-site parking spaces; washer/dryer hook-ups in units, separate water heaters; gas wall heaters.
Location
State CA
County Los Angeles
Area 121 - Lomita
Zoning RVD1500
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks
Utilities Available Sewer Connected
Building
Lot Description Level
Story Two
Water Public
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Bought with George Bustamante • First Team Real Estate