1737 252ND Street, Lomita, CA 90717

About this property

Six Detached 1-Bedroom/1-Bathroom Houses with No Shared Common Walls | Large 15,016-Square Foot Lot | Highly Desirable Lomita Location | No Local Rent Control - Defaults to AB 1482 | Each Unit Contains Washer/Dryer Hook-Ups, Individual Water Heater, Newer Gas Range & Private Patio with Pavers | 4.10% Current Cap Rate & 16.53 Current GRM | Approximately 19% in Rental Upside - 5.21% Pro-Forma Cap Rate & 13.89 Pro-Forma GRM | Total of Seven Garages with New Metal Entry Doors | Three Garages with New Roll-Up Garage Doors | Units Upgraded with Dual Glazed Windows (2016) & Insulated Attics (2017) | Newer Water-Efficient Landscaping, Exterior Paint & Electric Service Panels (100 Amp) | Close Proximity to Torrance Crossroads, Rolling Hills Plaza, Palos Verdes, Rolling Hills Estates & Redondo Beach

Listing description from the September 2022 sale, as reported to CRMLS.

Sale history

$2,100,000

Sold September 2022 · listed $2,150,000, on market June 2022 · MLS #22169961 · Source: CRMLS

Listing Agent: Jonathan Nikfarjam · Listing Office: Shield CRE, Inc. · Contact: 310-593-9869 · Bought with: Noam Srolovitz · Kape Property Management, Inc.

$975,000

Sold February 2014 · listed $999,000, on market September 2013 · MLS #SB13199051 · Source: CRMLS

Listing Agent: Michael Millea · Listing Office: Keller Williams Beach Cities · Contact: 310-376-4600 · Bought with: Jonathan Nikfarjam · Marcus & Millichap

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