1737 252nd Street
Lomita, CA 90717
4632 sqft | 9 beds | 0.34 acres | #24451579
Description
We are pleased to present this turnkey (with upside) and easy-to-manage 7-unit classic bungalow community situated on a residential cul-de-sac street in the heart of Lomita. This asset comprises seven completely freestanding homes, including six 1-bedroom residences and one 3-bedroom, 2-bathroom "owner's unit." Listed at a 4.71% current cap rate and 14.56 current GRM. Each of the bungalows feel like single family homes, complete with private yards, in-unit laundry and plenty of interior space. Five of the seven bungalows have been renovated within the past ~12 months, including the impressive "owner's unit" a professionally designed ~1,200 square foot 3-bed, 2-bath home with a gorgeous chef's kitchen, open floorplan, private yard, master suite with a walk-in closet and elegant ensuite bathroom, private 1 car garage (plus extra parking), minisplit temperature control (AC), in-unit laundry, brand new luxury flooring and windows, and more. These units lease FAST due to their unique renter-friendly qualities. The property's grounds consist of gobs of off-street parking (14 spaces!) and a manicured courtyard with mature avocado trees. NO LOCAL RENT CONTROL - subject only to AB 1482.
Interior Details
- InteriorCeilingFans
Beds & Baths
- Bedrooms9
Property Details
- Stories1
Measurements
- Acres0.3448
- Square Feet4632
Parking
- Parking Spaces1
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1942
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,950,000
Other
- MLS #24451579
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Noam Srolovitz (#CLW-C133693)
Listing Office: Kape Property Management, Inc. (#CLW-X82358)
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