Wonderful opportunity to own a well maintained 5-unit mixed-use income property, centrally located in Lomita. This property has a mix of residential and commercial units. There are currently 2 office spaces with entrance off of Narbonne, 1 studio or office with side entry, 1 bedroom / 1 bathroom unit also with side entry, then in the back of the lot a 4 bedroom / 2 bathroom unit with no shared walls. There are a total of 9 parking spots on premises, including a 2-car garage for the 4 bedroom unit and 7 designated parking spots. Currently, the unit that could be a studio apartment or an office is vacant. The 4 bedroom unit has a stove, microwave hood, fridge, dishwasher, and washer/ dryer all included. You?ll also find recessed lighting, laminate floors, and a spacious private backyard with grass and mature fruit trees. The 1 bedroom has its own laundry hookups. The office spaces, units A & B, have their own 1/2 baths and laminate floors. The vacant studio/office has its own 3/4 bath and carpet floors. Commercial leases with 3 two year options remaining on offices offering stable income, 4 bedroom and 1 bedroom units on month-to-month. Huge upside potential. High walk score. Well maintained property, with metered electricity, 4 sub-meters, and low maintenance landscaping.
Sold for $1,050,000 on 09/18/23
Listing Provided by:
Poul Erik Norgaard DRE #02013555 310-241-3038,
Compass,
Tadashi Kondo DRE #01438455 310-567-8790,
Compass
Bought with: Compass
$1,050,000
25610 Narbonne Ave, Lomita, CA 90717
5beds
6baths
2,686sqft
Mixed Use
Built in 1962
-- sqft lot
$1,340,400 Zestimate®
$391/sqft
$2,472 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 18, 2023 at 09:17pm
Listing Provided by:
Poul Erik Norgaard DRE #02013555 310-241-3038,
Compass,
Tadashi Kondo DRE #01438455 310-567-8790,
Compass
Bought with:
Poul Erik Norgaard, DRE #02013555
Compass
Tadashi Kondo, DRE #01438455
Compass
Source: CRMLS,MLS#: SB23064779
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
Heating
- Central, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Gas Range, Refrigerator
- Laundry: Inside
Features
- Flooring: Carpet, Laminate, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,686
- Total interior livable area: 2,686 sqft
Property
Parking
- Total spaces: 9
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 7
Features
- Levels: One
- Stories: 1
- Entry location: Multiple
- Pool features: None
Lot
- Size: 9,736 sqft
- Features: 0-1 Unit/Acre, Landscaped
Details
- Parcel number: 7375025020
- Zoning: LOCG*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: See Remarks
Community & neighborhood
Community
- Community features: Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Location
- Region: Lomita
HOA & financial
Other financial information
- Total actual rent: 3222
Other
Other facts
- Listing terms: Cash,Contract,Submit
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Estimated market value
$1,340,400