25930 Cypress ST Pending

Lomita,CA 90717

$ 1150000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRPV25035443

Style Contemporary

Originating Board California Regional MLS

Year Built 1970

Lot Size 5,751 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

Rooms

Kitchen Dishwasher,Microwave,Other,Pantry,Oven Range - Electric,Oven Range

Interior

Heating Electric,Fireplace

Cooling None

Flooring Laminate

Laundry Laundry Area,Washer,Dryer,9

Exterior

Parking Features Storage - RV,Assigned Spaces,Private / Exclusive,Other

Garage Spaces 12.0

Pool 31,None

View Local/Neighborhood

Roof Type Flat / Low Pitch,Rolled Composition

Building

Foundation Raised,Combination,Concrete Slab

Water Hot Water,District - Public

Architectural Style Contemporary

Others

Tax ID 7553003038

Special Listing Condition Not Applicable

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