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$ 2,475,000
Est. payment | /mo
23 Beds
16 Baths
10,620 SqFt
$ 2,475,000
Est. payment | /mo
23 Beds
16 Baths
10,620 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,620 sqft
Price per Sqft $233
MLS Listing ID 25543933
Bedrooms 23
HOA Y/N No
Year Built 1961
Lot Size 0.271 Acres
Property Description
We are pleased to present our newest exclusive offering at 1615 W Lomita Blvd, a value-add multifamily opportunity in Harbor City. Hitting the market for the first time in 44 years, this property offers investors an exceptional combination of low basis on both price-per-unit and price-per-foot, with significant room to unlock upside. The asset features a diverse unit mix of studios, 1-bedrooms, 2-bedrooms, and 3-bedrooms, catering to a wide tenant demographic. With an estimated 60% upside in rents, this property is ideal for investors seeking to reposition a well-located building with strong fundamentals and long-term appreciation potential. Don't miss this rare chance to acquire a stabilized asset with built-in value and upside. For more information, please reach out.
Location
State CA
County Los Angeles
Area 124 - Harbor City
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Door-Multi, Door-Single, Garage, Uncovered
Total Parking Spaces 14
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7439025026
Special Listing Condition Standard
Listed by Jonathan Weir • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "