25907 Oak St - Apartments FOR SALE


Lomita, CA 90717
$8,300,000 USD
714-713-9086
25907 Oak St, Lomita, CA for Sale
$8,300,000 USD
Apartments - FOR SALE
1/16
null | 5.63% Cap Rate

25907 Oak St
Lomita, CA 90717


HIGHLIGHTS

  • Exclusively Spacious Two-Bedroom Townhome Floor Plans with Private Patios
  • Desirable Property Amenities Including Gated Access, Ample Covered & Surface Parking (38 Total Spaces), & an On-Site Laundry Facility
  • Easy Access to Area Amenities Including Rolling Hills Plaza, a 500,000 Square Foot Retail Center Anchored by Whole Foods Market
  • Optimal Lomita Location Placing Residents in Close Proximity of Popular Parks, Trails, & Beaches Throughout the Palos Verdes Peninsula

OVERVIEW

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 25907 Oak Street, a 23-unit multifamily investment property located in Lomita, CA. 25907 Oak Street consists exclusively of spacious two-bedroom townhomes, averaging over 1,000 square feet. The property offers desirable amenities including carport, garage, & surface parking (38 total spaces), on-site laundry, private patios, and gated access. 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. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$8,300,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

23

PRICE/UNIT

$360,870

CAP RATE

5.63%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

RVD1500, Lomita

APN/PARCEL ID

7553-006-022

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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