Rare opportunity to acquire a 935 SF single family 2 bed/1 bath fixer with RTI plans to develop a ±897 SF ADU and an additional ±2,272 SF two story duplex for a total of 4 units at project completion. Existing house has solar - paid off. The property is situated in the Harbor City-Wilmington neighborhood of Los Angeles less than 2 miles from Torrance and less than 10 miles from the Port of Long Beach. Seller has already obtained plan approval, utility services, preliminary soil work and widen driveway - it is ready for construction. In an area with extremely low vacancy rates in a quiet neighborhood it is an incredible value add development opportunity for an investor to rehab the existing house, and develop the ADU and duplex. See supplements for marketing brochure with proposed plans, elevations and deal analysis.
Sold for $830,000 on 10/14/22
Listing Provided by:
Kenny Lau DRE #01970835 626-872-2207,
KW Executive,
DONALD LA DRE #01928418 626-888-2995,
KW Executive
$830,000
1712 252nd St #2, Lomita, CA 90717
--beds
--baths
8,514Square Feet
Unimproved Land
Built in ----
8,514 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,682 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 19, 2022 at 03:05pm
Listing Provided by:
Kenny Lau DRE #01970835 626-872-2207,
KW Executive,
DONALD LA DRE #01928418 626-888-2995,
KW Executive
Bought with:
Plutarco Matus, DRE #00962375
Century 21 Jervis & Associates
Source: CRMLS,MLS#: TR22173130
Originating MLS: California Regional MLS

Facts & features
Property
Features
- Has view: Yes
- View description: None
Lot
- Size: 8,514 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7410015051
- Zoning: LAR2
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban, Sidewalks
Location
- Region: Lomita
Other
Other facts
- Listing terms: Cash to New Loan