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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

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    $2,472/mo

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    $6,568/mo

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    $6,568/mo

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    What's special

    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.

    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#: SB23064779MLS LogoOriginating 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