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Key Details
Sold Price $735,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB21245456
Sold Date 01/26/22
Bedrooms 3
HOA Y/N No
Lot Size 4,883 Sqft
Property Description
Bring your hammer, paint brush and cash-in. There is a huge value added opportunity in this classic 1920s built Lomita duplex. Well located in a high demand rental area close to transit, these units will rarely be vacant and earn top dollar rents. With Ample sized units and ample lot, they should provide a steady income stream year after year. These units will rarely be vacant and will earn top dollar rents. This property needs some work and is a bit of a fixer. The First unit) 2 bedrooms (tandem) & 1 bath. Second unit) 1 bedroom and 1 bath. This property is desirable for both an owner occupied or as an investment rental property. There are some cool features about this craftsman style Duplex. It has many original doors and moldings, side by side porches with pillars, and that cool 1920's vibe. In the back yard there is a nice size Avocado tree, Fig tree and what looks like a LoQuat tree in a good size back yard with a patio off the back doors of both units.
Bring your hammer, paint brush and cash-in. There is a huge value added opportunity in this classic 1920s built Lomita duplex. Well located in a high demand rental area close to transit, these units will rarely be vacant and earn top dollar rents. With Ample sized units and ample lot, they should provide a steady income stream year after year. These units will rarely be vacant and will earn top dollar rents. This property needs some work and is a bit of a fixer. The First unit) 2 bedrooms (tandem) & 1 bath. Second unit) 1 bedroom and 1 bath. This property is desirable for both an owner occupied or as an investment rental property. There are some cool features about this craftsman style Duplex. It has many original doors and moldings, side by side porches with pillars, and that cool 1920's vibe. In the back yard there is a nice size Avocado tree, Fig tree and what looks like a LoQuat tree in a good size back yard with a patio off the back doors of both units.
Location
State CA
County Los Angeles
Area Lomita (90717)
Zoning Assessor
Building
Lot Description Sidewalks
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Conventional
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Bought with Gerard Bisignano • Vista Sothebys International Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "