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Two Detached Homes on a Single Lot. Situated on one of the largest lots youwill find in this horse stable-compatible section of Lomita, nearly double thesize of most lots in the area, this property offers incredible possibilities.Whether you're looking to build horse stables, park RVs, construct a thirdprivate home, or create your own private outdoor haven, this expansive lotprovides the perfect canvas to bring your vision to life.This beautifully updated duplex, originally built in 1955, includes two detachedhomes, a garage, and ample parking, making it ideal for family living, rentalincome, or investment. The front house is a remodeled 3-bedroom, 2-bathunit with an attached granny suite, and is in the process of becoming vacant for newowners. The rear house is a renovated 3-bedroom, 1-bath home, offeringadditional living space and income potential.Recent upgrades reflect the pride of ownership and include a new roof, freshexterior paint, new windows, and a concrete driveway.The property sits on a generous 13,056 sqft lot with room for expansion,including the potential to add a detached ADU (Accessory Dwelling Unit).Currently, the property generates $780/month in income from month-to-month parking leases, providing an immediate income stream.Located on a quiet residential street, the property is conveniently close toCostco, Sam’s Club, Vons, Home Depot, In-N-Out, and South End RacquetClub, offering a variety of amenities and easy accessibility.Additionally, there is no local rent control under AB-1482, providing flexibilityfor rental income.Whether you're seeking multi-generational living, rental income, or a value-add investment opportunity, this property offers outstanding potential in ahighly desirable area.
Property Type(s):
Multi Family
| Last Updated | 3/20/2025 | Year Built | 1955 |
|---|---|---|---|
| Community | Lomita | Garage Spaces | 2.0 |
| County | Los Angeles |
SCHOOLS
| School District | Los Angeles Unified |
|---|
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Lomita |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down |
| LOT | 0.3 acre(s) |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electric: Standard |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
| ZONING | LOA1* |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
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