25907 Oak St, Lomita, CA 90717
23 Unit Apartment Building | $9,100,000 ($395,652/Unit) | 4.81% Cap Rate | Lomita, CA 90717
For Sale
Active
Asking Price $9,100,000
- Property Type
-
Multifamily
- Square Feet
- 23,312 SF
Listing Contacts
Tyler Leeson
Matthew Kipp
Nick Kazemi
Property Overview
The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 25907 Oak Street, a 23-unit multifamily investment property located in Lomita, CA.
25907 Oak Street consists exclusively of two-bedroom townhomes and offers desirable amenities including garage and surface parking, on-site laundry, private patios, and gated access. Additionally, the property presents an opportunity to add one accessory dwelling unit (ADU) to further increase rental income.
25907 Oak Street is within 1 mile of Rolling Hills Plaza, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is just over 1 mile from Ken Malloy Harbor Regional Park, one of the largest parks in all of Los Angeles County, which gives residents the opportunity to enjoy numerous outdoor activities. 25907 Oak Street benefits from its location 1.80 miles away from Los Angeles Harbor College, a major economic and housing driver for the area. Furthermore, Pacific Coast Highway and Western Avenue’s close proximity to the property allow residents easy access to employment hubs throughout the South Bay.
The property’s ideal South Bay location surrounded by an abundance of recreational, entertainment, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 25907 Oak Street.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent*
25907 Oak Street consists exclusively of two-bedroom townhomes and offers desirable amenities including garage and surface parking, on-site laundry, private patios, and gated access. Additionally, the property presents an opportunity to add one accessory dwelling unit (ADU) to further increase rental income.
25907 Oak Street is within 1 mile of Rolling Hills Plaza, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is just over 1 mile from Ken Malloy Harbor Regional Park, one of the largest parks in all of Los Angeles County, which gives residents the opportunity to enjoy numerous outdoor activities. 25907 Oak Street benefits from its location 1.80 miles away from Los Angeles Harbor College, a major economic and housing driver for the area. Furthermore, Pacific Coast Highway and Western Avenue’s close proximity to the property allow residents easy access to employment hubs throughout the South Bay.
The property’s ideal South Bay location surrounded by an abundance of recreational, entertainment, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 25907 Oak Street.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent*
Property Details
- Class
- C
- Year Built
- 1964
- Stories
- 2
- Lot Size (sq. ft)
- 41,382 SF
- Units
- 23
Highlights
- Seller Financing Available Well Below Market Rate
- Ample Garage Parking, Private Patios, & On-Site Laundry
- Offers Exclusively Spacious Two-Bedroom Townhome Units | Potential for One Accessory Dwelling Unit (ADU)
- Premier South Bay Location, Just South of Pacific Coast Highway
- Within 1 Mile of Rolling Hills Plaza
- Close Proximity to Parks & Schools Including Los Angeles Harbor College
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