1737 252nd Street
Lomita, CA 90717

  • – beds
  • – baths
  • – sqft
  • 15,019 sqft lot
  • 1942 build
  • on site

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 4.6% current cap rate and 15 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.

California Regional MLS logo Listed By CRMLS_CA / Noam Srolovitz / Kape Property Management, Inc.

Last checked: Checking… • Last updated Mar 26, 2024 •

MLS# 24369793 —

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Walk Score®

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Sale history

Date Event Source Price % Change
3/18/24
Listed / Active CRMLS_CA $2,950,000 40.5% (26.2% / YR)
9/1/22
CRMLS_CA $2,100,000 -2.3%
9/1/22
CRMLS_CA $2,100,000

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Multifamily For Sale

$2,950,000

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Listing provided by broker:

Noam Srolovitz

Kape Property Management, Inc.

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This multifamily located in South Bay, Lomita, CA 90717 is currently for sale for $2,950,000. 1737 252nd Street is a – square foot multifamily with – beds and – baths that has been on Estately for 40 days. 1737 252nd Street is in the South Bay neighborhood of Lomita and has a WalkScore® of 83, making it very walkable. This multifamily is in the attendance area of Alexander Fleming Middle School, Harbor City Elementary School, and Nathaniel Narbonne Senior High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Kape Property Management, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 23:58 on Apr 26.

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