Homes for sale - 25907 Oak ST, Lomita, CA 90717

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$ 8,800,000

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25907 Oak ST Lomita, CA 90717

0.95 Acres Lot

UPDATED:

10/10/2024 08:52 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24210741

HOA Y/N No

Year Built 1964

Lot Size 0.950 Acres

Property Description

25907 Oak Street is a 23-unit multifamily investment property located in Lomita, CA. 25907 Oak Street consists exclusively of two-bedroom townhomes and offers desirable amenities including garage and surface parking, on-site laundry, private patios, and gated access. Additionally, the property presents an opportunity to add one accessory dwelling unit (ADU) to further increase rental income. 25907 Oak Street is within 1 mile of Rolling Hills Plaza, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is just over 1 mile from Ken Malloy Harbor Regional Park, one of the largest parks in all of Los Angeles County, which gives residents the opportunity to enjoy numerous outdoor activities. 25907 Oak Street benefits from its location 1.80 miles away from Los Angeles Harbor College, a major economic and housing driver for the area. Furthermore, Pacific Coast Highway and Western Avenue?s close proximity to the property allow residents easy access to employment hubs throughout the South Bay. The property?s ideal South Bay location surrounded by an abundance of recreational, entertainment, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 25907 Oak Street.

Location

State CA

County Los Angeles

Area 121 - Lomita

Zoning LORVD1500*

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 26.0

Carport Spaces 8

Garage Description 26.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 38

Private Pool No

Building

Lot Description Street Level

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7553006022

Energy Description 6910.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Lease Land No

Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com

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25907 Oak ST Lomita, CA 90717

Key Details

Location

Interior

Exterior

Building

Others

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25907 Oak ST