Lomita, CA 90717,25610 Narbonne AVE
Lomita, CA 90717,25610 Narbonne AVE
Lomita, CA 90717,25610 Narbonne AVE
35
$1,050,000
$1,045,000
0.5%
Est.Price: ?

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9,735 Sqft Lot

25610 Narbonne AVE Lomita, CA 90717

Est. payment /mo
SOLD DATE : 09/18/2023

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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

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California Regional MLS (CRMLS)
Listed by Poul Erik Norgaard • Compass
Bought with Poul Erik Norgaard • Compass

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Andy Cleaves

Broker Associate | License ID: 01383386

+1(951) 732-7122

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