For more information regarding the value of a property, please contact us for a free consultation.
25610 Narbonne AVE Lomita, CA 90717
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23071776
Sold Date 09/18/23
HOA Y/N No
Year Built 1962
Lot Size 9,735 Sqft
Property Description
Wonderful opportunity to own a well maintained 5-unit mixed-use income property, centrally located in Lomita. This property has a mix of residential and commercial units. There are currently 2 office spaces with entrance off of Narbonne, 1 studio or office with side entry, 1 bedroom / 1 bathroom unit also with side entry, then in the back of the lot a 4 bedroom / 2 bathroom unit with no shared walls. There are a total of 9 parking spots on premises, including a 2-car garage for the 4 bedroom unit and 7 designated parking spots. Currently, the unit that could be a studio apartment or an office is vacant. The 4 bedroom unit has a stove, microwave hood, fridge, dishwasher, and washer/ dryer all included. You?ll also find recessed lighting, laminate floors, and a spacious private backyard with grass and mature fruit trees. The 1 bedroom has its own laundry hookups. The office spaces, units A & B, have their own 1/2 baths and laminate floors. The vacant studio/office has its own 3/4 bath and carpet floors. Commercial leases with 3 two year options remaining on offices offering stable income, 4 bedroom and 1 bedroom units on month-to-month. Huge upside potential. High walk score. Well maintained property, with metered electricity, 4 sub-meters, and low maintenance landscaping.
Location
State CA
County Los Angeles
Area 121 - Lomita
Interior
Heating Central, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Laundry Room
Exterior
Carport Spaces 2
Total Parking Spaces 9
Building
Lot Description 0-1 Unit/Acre, Landscaped
Story 1
Water Public
Others
Tax ID 7375025020
Acceptable Financing Cash, Conventional, Contract, 1031 Exchange, Submit
Listing Terms Cash, Conventional, Contract, 1031 Exchange, Submit
Financing Other
Special Listing Condition Trust
Read Less
Bought with Poul Erik Norgaard • Compass