Mohr Real Estate Group

Mohr Real Estate Group

1737 252nd Street Lomita CA 90717 MLS #24451579

1737 252nd Street
Lomita, CA, 90717
$2,950,000
Beds
0 Baths
SqFt
0.34 Acres
Add
Add
$2,950,000
1737 252nd Street
Lomita, CA, 90717
MLS #24451579 img 0MLS #24451579 img 1MLS #24451579 img 2MLS #24451579 img 3MLS #24451579 img 4MLS #24451579 img 5MLS #24451579 img 6MLS #24451579 img 7MLS #24451579 img 8MLS #24451579 img 9MLS #24451579 img 10MLS #24451579 img 11MLS #24451579 img 12MLS #24451579 img 13MLS #24451579 img 14MLS #24451579 img 15MLS #24451579 img 16MLS #24451579 img 17MLS #24451579 img 18MLS #24451579 img 19MLS #24451579 img 20MLS #24451579 img 21MLS #24451579 img 22MLS #24451579 img 23MLS #24451579 img 24MLS #24451579 img 25MLS #24451579 img 26MLS #24451579 img 27MLS #24451579 img 28MLS #24451579 img 29

Property 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.

Property Details

Price:
$2,950,000
MLS #:
24451579
Status:
Active
Baths:
0
Address:
1737 252nd Street
Type:
Residential Income
Neighborhood:
121lomita
City:
Lomita
Listed Date:
Oct 10, 2024
State:
CA
ZIP:
90717
Lot Size:
15,019 sqft / 0.34 acres (approx)
Year Built:
1942

Schools

Interior

Appliances
Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan
Heating
Zoned, Combination, Wall Furnace
Interior Features
Ceiling Fan(s)

Exterior

Garage Spaces
1.00
Parking Features
Assigned
Parking Spots
14.00
Stories Total
1

Financial

Need more info?

If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.

Ask a Question

Ready to go see it?
Schedule a Showing

Mortgage Calculator

 

Similar Listings Nearby

1737 252nd Street
Lomita, CA
The Mohr Real Estate Group

Receive hand curated properties directly to your inbox.

Tell us what type of properties you’re interested in & we’ll send you updates on our hand curated listings.