1737-1745 252nd St | Lomita, CA 90717
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1737-1745 252nd St
Lomita, CA 90717
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Six Detached 1-Bedroom/1-Bathroom Houses with No Shared Common Walls | Large 15,016-Square Foot Lot | Highly Desirable Lomita Location
- 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
- No Local Rent Control – Defaults to AB 1482 | Each Unit Contains Washer/Dryer Hook-Ups, Individual Water Heaters, Newer Gas Ranges & Private Patios
- 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
- Close Proximity to Torrance Crossroads, Rolling Hills Plaza, Palos Verdes, Rolling Hills Estates & Redondo Beach
Property Facts
| No. Units | 6 | Building Size | 3,432 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1942 |
| Building Class | C | Parking Ratio | 2.04/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | LOR1 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 3,432 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1942 |
| Parking Ratio | 2.04/1,000 SF |
| Zoning | LOR1 |
Amenities
Unit Amenities
- Washer/Dryer Hookup
- Double Pane Windows
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,806 | - |
Property Taxes
| Parcel Number | 7410-016-011 | Improvements Assessment | $1,144,440 |
| Land Assessment | $1,040,400 | Total Assessment | $2,184,840 |
Property Taxes
Parcel Number
7410-016-011
Land Assessment
$1,040,400
Improvements Assessment
$1,144,440
Total Assessment
$2,184,840
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