25930 Cypress Street, Lomita CA, 90717

Active

25930 Cypress Street

Lomita CA, 90717

$1,150,000

$308.89 per sqft

Active

3,723 sqft

Multi-family

Built in 1970

Listed by Rita DeBolt with The Real Estate Group 310-200-6847

This three-unit building in Lomita represents an excellent investment opportunity. The property has been well-maintained and houses long-term tenants. Each unit features a townhouse-style layout with a spacious living room, kitchen, dining area, guest bathroom, large bedrooms, and a private two-car garage. Additionally, tenants have their own yard and have access to an on-site laundry room. These units boast ample closet space and are equipped with appliances, such as a dishwasher, stove, and microwave. There are no units situated above or below each townhouse unit, ensuring privacy. Located on a quiet cul-de-sac near Rolling Hills shopping center and less than four miles from the beach, this property benefits from a solid rental history and promises high potential returns, making it a sound investment. State rent control (for ex. Just Cause rules) applies. Gross Multiplier of 13.6 does not include laundry income. SELLERS HAVE NEVER OCCUPPIED THE PROPERTY. Realist says there are 4 bathrooms, so half baths probably are not permitted. Some expenses listed are estimates. Buyer to investigate the property to their satisfaction.

PV25035443

MLSⓇ ID

February 20, 2025

Listed

February 23, 2025

Updated

Interior Features

Total Stories: 2
Interior Features: Balcony, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Tile Counters, All Bedrooms Up, Galley Kitchen
Appliances: Dishwasher, Electric Range, Electric Water Heater, Free-Standing Range, Microwave, Water Heater, Dryer, Washer
Laundry Description: Common Area, Electric Dryer Hookup
Floor Description: Laminate, Tile, Vinyl
Fireplace: Yes
Fireplace Description: Living Room
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Electric, Fireplace(s)

Exterior/Building Features

Lot Size: 0.13 Acres
Exterior Features: Lighting, Rain Gutters
Lot Features: Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Rectangular Lot, Sprinklers Timer, Yard
Architectural Style: Contemporary
Roof: Flat, Rolled/Hot Mop
Sewer: Public Sewer
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Window: Blinds, Double Pane Windows, Screens

Other Property Details

Area Name: 121 - Lomita
Taxes: $14,232
Tax Frequency: Annually
Days on Market: 2
Accessibility: Safe Emergency Egress from Home, Accessible Doors
Garage: Yes
Garage Spaces: 6
Parking: Assigned, Concrete, Paved, Private, Storage
Parking Total: 12
View: Yes
View Description: Neighborhood
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Utilities: Electricity Connected, Sewer Connected, Water Connected, Overhead Utilities
Zoning: LORVD1200*

Listing Contact: 310-540-0072

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/23/2025. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 2/23/2025 at 10:36 AM UTC