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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.
Property Type(s):
Residential Income
| Last Updated | 2/20/2025 | Year Built | 1970 |
|---|---|---|---|
| Community | Lomita | Garage Spaces | 6.0 |
| County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Electric Range, Electric Water Heater, Free-Standing Range, Microwave, Washer, Water Heater |
| AREA | Lomita |
| CONSTRUCTION | Concrete, Drywall, Stucco |
| EXTERIOR | Lighting, Rain Gutters |
| FIREPLACE | Yes |
| GARAGE | Assigned, Concrete, Paved, Private, Storage, Yes |
| HEAT | Electric, Fireplace(s) |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Up, Balcony, Galley Kitchen, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Tile Counters |
| LOT | 5751 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Lawn, Rectangular Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard |
| PARKING | Assigned,Concrete,Paved,Private,Storage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Contemporary |
| TAXES | 14232 |
| UTILITIES | Electricity Connected,Sewer Connected,Water Connected,Overhead Utilities, Electric: Electricity - On Property |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
| ZONING | LORVD1200* |
Location
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Listed with The Real Estate Group
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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