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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$998,000

Est. payment - /mo

4,883 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26076442

HOA Y/N No

Year Built 1925

Lot Size 4,883 Sqft

Property Sub-Type Duplex

Property Description

Upgraded duplex in a high-demand Lomita pocket with strong income and future upside. Originally built in 1927 and relocated from downtown Los Angeles during the construction of the 110 Freeway, the property carries a distinctive architectural profile paired with modern improvements. Both units have been updated with new flooring, all new appliances, new kitchens/ bathrooms and a new roof, reducing near-term capital expenditure.
Each unit includes a private yard with mature fruit trees and additional value-add potential, including ADU feasibility (buyer to verify).
Unit 1: 1 bedroom plus tandem pass-through room with closet, suitable for a second bedroom or office; currently leased month-to-month at $2,900.
Unit 2: 1 bedroom; occupant is paying below-market rent and can vacate within 60 days after close of escrow, creating immediate repositioning opportunity.
Both units feature defined living and dining areas along with washer/dryer hookups. The asset is straightforward to lease and aligns with current rental demand metrics in the submarket.
Subject to inspection. Listing agent is a partial owner. Buyer to independently verify all information.

Location

State CA

County Los Angeles

Area 121 - Lomita

Zoning LOR1*

Interior

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Curbs

Private Pool No

Building

Lot Description Back Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7376021026

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Tiana Capper Vista Sotheby’s International Realty 310-503-2377, DRE #01991771

NEARBY SCHOOL & BUSINESS

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2016 248th ST Lomita, CA 90717