15
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Listed by Bill Ruane • Estate Properties
$5,200,000
Est. payment /mo
15,647 SqFt
New
26025 Narbonne Avenue Lomita, CA 90717
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Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 15,647 sqft
Price per Sqft $332
MLS Listing ID CRSB25138951
HOA Y/N No
Year Built 1962
Lot Size 0.616 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
On the market for the first time in over 20 years, this well-maintained multi-family property is a rare investment opportunity. Located in the highly desirable South Bay area the property has 16 units total - 13 of the units are townhouse style living, each are 2 bed 1.5 bath, the remaining 3 units are single level living each offering 2 bed 1 bath. This rare investment opportunity awaits in the heart of Lomita. This 16-unit multifamily property is a great opportunity to generate income in a strong rental market. Situated on a 0.61-acre lot (approximately 15,647 square feet), the property features 13 townhouse-style units each with private, in-unit laundry. Amenities include six garage spaces and additional on-site parking for residents. Each unit is also separately metered for gas and electric. With a strong and consistent rental history, the property offers immediate income and long-term appreciation potential. Investors will also find value-add opportunities through interior upgrades and operational enhancements to further increase revenue. Ideally located along Pacific Coast Highway, the site offers convenient access to shopping centers, restaurants, grocery stores, and national retailers. Residents enjoy proximity to parks, cultural attractions, and entertainment options inc
Location
State CA
County Los Angeles
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Building
Water Public
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