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25907 Oak Street

Lomita, CA 90717
  • $10,000,000
  • STATUS: Active
  • ON SITE: 213 Days
  • ID#: OC22236188
UPDATED: 63 min ago
$10,000,000
  • 0
    BEDS
  • 0.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:
Area:

School Ratings & Info

Listing Agent(s): Tyler Leeson of Marcus & Millichap Re Invest (949-419-3200)


Description

25907 Oak Street is a 23-unit multifamily investment property located in Lomita, CA. 25907 Oak Street consists exclusively of 2 bed/1.5 bath townhomes and offers desirable amenities including garage and surface parking, on-site laundry, private patios, and gated access. Additionally, the property presents an opportunity to add one accessory dwelling unit (ADU) to further increase rental income. 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. 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 from Los Angeles Harbor College, a major economic and housing driver for the area. Pacific Coast Highway and Western Avenues close proximity to the property allow residents easy access to employment hubs throughout Los Angeles and Orange Counties.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-06T22:28:12.357. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/134549492
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25907 Oak Street Lomita, CA 90717

  • Price: $10,000,000
  • Status: Active
  • On Site: 213 Days
  • Updated: 63 min ago
  • ID#: OC22236188
0
Beds
0
Baths
0
½ Baths
0.95
Acres
1964
Built
Neighborhood:
121 - Lomita
County:
Los Angeles
Area:
121 - Lomita
Property Description
25907 Oak Street is a 23-unit multifamily investment property located in Lomita, CA. 25907 Oak Street consists exclusively of 2 bed/1.5 bath townhomes and offers desirable amenities including garage and surface parking, on-site laundry, private patios, and gated access. Additionally, the property presents an opportunity to add one accessory dwelling unit (ADU) to further increase rental income. 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. 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 from Los Angeles Harbor College, a major economic and housing driver for the area. Pacific Coast Highway and Western Avenues close proximity to the property allow residents easy access to employment hubs throughout Los Angeles and Orange Counties.
Exterior Features

Carport Spaces 8 Carport YN Yes Lot Features Street Level Number Of Separate Electric Meters 23 Open Parking Spaces 4 Parking Total 38 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features CurbsSidewalks Electric Expense 7200 Fuel Expense 7200 Garage YN Yes Gross Income 671495 Gross Scheduled Income 657495 Insurance Expense 9200 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 Exchange Maintenance Expense 16100 Net Operating Income 422324 New Construction YN No New Taxes Expense 114945 Number Of Separate Gas Meters 23 Number Of Separate Water Meters 0 Number Of Units Leased 23 Operating Expense 229446 Other Expense 37589 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 54791 Trash Expense 7200 Vacancy Allowance 19725 Water Sewer Expense 7200 Water Source Public Zoning Lorvd1500*



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-06T22:28:12.357. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Tyler Leeson of Marcus & Millichap Re Invest (949-419-3200)