Lomita, CA 90717,25930 Cypress Street
Lomita, CA 90717,25930 Cypress Street
Lomita, CA 90717,25930 Cypress Street
Lomita, CA 90717,25930 Cypress Street
Lomita, CA 90717,25930 Cypress Street
Lomita, CA 90717,25930 Cypress Street
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$1,300,000

$1,150,000

13.0%
Est.Price: ?

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Est. payment /mo

7 Beds


SOLD DATE : 03/19/2025

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PV25035443

Sold Date 03/19/25

Bedrooms 7

Property Sub-Type Res Income 2-4 Units

Property Description

This three-unit building in Lomita represents an excellent investment opportunity. The property has been well-maintained and houses long-term tenants. Each unit features a townhouse-style layout with a spacious living room, kitchen, dining area, guest bathroom, large bedrooms, and a private two-car garage. Additionally, tenants have their own yard and have access to an on-site laundry room. These units boast ample closet space and are equipped with appliances, such as a dishwasher, stove, and microwave. There are no units situated above or below each townhouse unit, ensuring privacy. Located on a quiet cul-de-sac near Rolling Hills shopping center and less than four miles from the beach, this property benefits from a solid rental history and promises high potential returns, making it a sound investment. State rent control (for ex. Just Cause rules) applies. Gross Multiplier of 13.6 does not include laundry income. SELLERS HAVE NEVER OCCUPPIED THE PROPERTY. Realist says there are 4 bathrooms, so half baths probably are not permitted. Some expenses listed are estimates. Buyer to investigate the property to their satisfaction.

Location

State CA

County Los Angeles

Zoning Assessor

Direction South of PCH west of Narbonne

Interior

Heating Fireplace

Fireplace No

Exterior

View Y/N No

Roof Type Rolled/Hot Mop

Building

Story 2

Level or Stories 2

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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MLS Router / San Diego MLS
Listed by Rita DeBolt The Real Estate Group
Bought with Angela Hu Century 21 Union Realty
Robyn Flint

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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