1625 Lomita Blvd - Apartments FOR SALE


Harbor City, CA 90710
$1,480,000 USD
310-801-7373
1625 Lomita Blvd, Harbor City, CA for Sale
$1,480,000 USD
Apartments - FOR SALE
1/18
null | 5.8% Cap Rate

1625 Lomita Blvd
Harbor City, CA 90710


HIGHLIGHTS

  • Excellent Unit Mix of Four Singles and Four One-Bedroom Units
  • Property has On-Site Common Laundry with Leased Equipment
  • Separately Metered for Gas and Electric
  • Parking Spaces in the Rear of the Building
  • Rents Have Substantial Nearly 45% Upside

OVERVIEW

Income producing multifamily 8 unit apartment building in prime location

FOR SALE DETAILS

PRICE

$1,480,000 USD

PRICE/SF

$310 USD /SF

# OF UNITS

8

PRICE/UNIT

$185,000

CAP RATE

5.8%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R3, City of L.A.

APN/PARCEL ID

7439-025-024

ASK ABOUT THIS PROPERTY

Olga WrightLyon Stahl Investment Real EstateMore Info
310-801-7373

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Olga WrightLyon Stahl Investment Real EstateMore Info
310-801-7373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.