1737 252nd Street, Lomita CA, 90717

Active

1737 252nd Street

Lomita CA, 90717

$2,950,000

$636.87 per sqft

Active

9 Beds

8 Baths

4,632 sqft

Residential

Built in 1942

Listed by Noam Srolovitz with Kape Property Management, Inc. 310-912-7808

We are pleased to present this turnkey (with upside) and easy-to-manage 7-unit classic bungalow community situated on a residential cul-de-sac street in the heart of Lomita. This asset comprises seven completely freestanding homes, including six 1-bedroom residences and one 3-bedroom, 2-bathroom "owner's unit." Listed at a 4.6% current cap rate and 15 current GRM. Each of the bungalows feel like single family homes, complete with private yards, in-unit laundry and plenty of interior space. Five of the seven bungalows have been renovated within the past ~12 months, including the impressive "owner's unit" a professionally designed ~1,200 square foot 3-bed, 2-bath home with a gorgeous chef's kitchen, open floorplan, private yard, master suite with a walk-in closet and elegant ensuite bathroom, private 1 car garage (plus extra parking), minisplit temperature control (AC), in-unit laundry, brand new luxury flooring and windows, and more. These units lease FAST due to their unique renter-friendly qualities. The property's grounds consist of gobs of off-street parking (14 spaces!) and a manicured courtyard with mature avocado trees. NO LOCAL RENT CONTROL - subject only to AB 1482.

24369793

MLSⓇ ID

March 18, 2024

Listed

March 28, 2024

Updated

Map

1737 252nd Street
Lomita CA, 90717

Interior Features

Total Stories: 1
Bedrooms: 9 Beds
Bathrooms: 8 Baths
Interior Features: Ceiling Fan(s)
Appliances: Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Combination, Wall Furnace, Zoned

Exterior/Building Features

Lot Size: 0.34 Acres

Other Property Details

Area Name: 121 - Lomita
Days on Market: 8
Garage: Yes
Garage Spaces: 1
Parking: Assigned
Parking Total: 14
View: No
County: Los Angeles
Pool: No
Zoning: LOR1*
Buyer Agency Compensation: 2%

Listing Contact: 310-912-7808

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/28/2024 at 3:18 PM UTC