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Kevin Schoep

kevinschoep@gmail.com +1(760) 586-0539

$ 1,150,000

Est. payment -/mo

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25930 Cypress ST Lomita, CA 90717

5,749 Sqft Lot

UPDATED:

02/21/2025 03:04 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PV25035443

HOA Y/N No

Year Built 1970

Annual Tax Amount $14,232

Lot Size 5,749 Sqft

Property Sub-Type Triplex

Property Description

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. Some expenses listed are estimates. Buyer to investigate the property to their satisfaction.

Location

State CA

County Los Angeles

Area 121 - Lomita

Zoning LORVD1200*

Interior

Interior Features Balcony, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Tile Counters, All Bedrooms Up, Galley Kitchen

Heating Electric, Fireplace(s)

Cooling None

Flooring Laminate, Tile, Vinyl

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Electric Range, Electric Water Heater, Free-Standing Range, Microwave, Water Heater, Dryer, Washer

Laundry Common Area, Electric Dryer Hookup

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Assigned, Concrete, Paved, Private, Storage

Garage Spaces 6.0

Garage Description 6.0

Fence Block, Wood

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Sewer Connected, Water Connected, Overhead Utilities

View Y/N Yes

View Neighborhood

Roof Type Flat,Rolled/Hot Mop

Accessibility Safe Emergency Egress from Home, Accessible Doors

Total Parking Spaces 12

Private Pool No

Building

Lot Description Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Rectangular Lot, Sprinklers Timer, Yard

Story 2

Entry Level Two

Foundation Combination, Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7553003038

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard, Trust

Listed by Rita DeBolt • The Real Estate Group • 310-200-6847

Kevin Schoep

Agent | License ID: 02210441

+1(760) 586-0539

Kevin Schoep

25930 Cypress ST Lomita, CA 90717

Key Details

Location

Interior

Exterior

Building

Others

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25930 Cypress ST