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. Expenses listed are not complete because owner is out of town and doesn’t have that info handy Buyer to investigate the property to their satisfaction.
Property Details
Price:
$1,150,000
MLS #:
PV25035443
Status:
Active
Baths:
0
Address:
25930 Cypress Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
121lomita
City:
Lomita
Listed Date:
Feb 20, 2025
State:
CA
ZIP:
90717
Lot Size:
5,751 sqft / 0.13 acres (approx)
Year Built:
1970
See this Listing
Mortgage Calculator
Schools
Interior
Accessibility Features
2+ Access Exits, Doors – Swing In
Appliances
Dishwasher, Electric Range, Electric Water Heater, Free- Standing Range, Microwave, Water Heater
Cooling
None
Fireplace Features
Living Room
Flooring
Laminate, Tile, Vinyl
Heating
Electric, Fireplace(s)
Interior Features
High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Quartz Counters, Tile Counters
Window Features
Blinds, Double Pane Windows, Screens
Exterior
Community Features
Sidewalks, Street Lights
Electric
Electricity – On Property
Exterior Features
Lighting, Rain Gutters
Fencing
Block, Wood
Foundation Details
Combination, Raised, Slab
Garage Spaces
6.00
Lot Features
Back Yard, Front Yard, Lawn, Rectangular Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Utilities – Overhead, Yard
Parking Features
Assigned, Built- In Storage, Concrete, Paved, Private
Parking Spots
12.00
Pool Features
None
Roof
Flat, Rolled/ Hot Mop
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Taxes
$14,232
Tenant Pays
Electricity
Utilities
Electricity Connected, Sewer Connected, Water Connected
Map
Community
- Address25930 Cypress Street Lomita CA
- Area121 – Lomita
- CityLomita
- CountyLos Angeles
- Zip Code90717
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25930 Cypress Street
Lomita, CA
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