Lomita, CA 90717,25930 Cypress ST
Lomita, CA 90717,25930 Cypress ST
Lomita, CA 90717,25930 Cypress ST
22
Listed by Rita DeBolt • The Real Estate Group
Bought with Angela Hu
$1,300,000
$1,150,000
13.0%
Est.Price: ?

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5,751 Sqft Lot

25930 Cypress ST Lomita, CA 90717

Est. payment /mo
SOLD DATE : 03/19/2025

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Key Details

Sold Price $1,300,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPV25035443

Sold Date 03/19/25

Style Contemporary

Year Built 1970

Lot Size 5,751 Sqft

Property Sub-Type Triplex

Source California Regional MLS

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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Madhu Sarkar

Madhu Sarkar

DRE# 01702931 | License ID: 01702931

+1(650) 504-7768

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