$1,300,000
$1,450,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
1,620 SqFt
SOLD DATE : 06/04/2025
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,620 sqft
Price per Sqft $802
MLS Listing ID SB25059318
Sold Date 06/04/25
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1955
Lot Size 0.300 Acres
Property Sub-Type Duplex
Property Description
Situated on one of the largest lots in this horse stable-compatible section of Lomita—nearly double the size of most lots in the area—this property offers incredible possibilities. Whether you're looking to build horse stables, park RVs, construct a third private home, or create your own private outdoor haven, this expansive lot provides the perfect canvas to bring your vision to life.
This beautifully updated duplex, originally built in 1955, includes two detached homes, a garage, and ample parking, making it ideal for family living, rental income, or investment. The front house is a remodeled 3-bedroom, 2-bath unit with an attached granny suite, and is in the process of becoming vacant for new owners. The rear house is a renovated 3-bedroom, 1-bath home, offering additional living space and income potential.
Recent upgrades reflect the pride of ownership and include a new roof, fresh exterior 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).
In addition to the rental income, the property generates an extra $780/month from month-to-month parking leases, providing an immediate income stream. Located on a quiet residential cul-de-sac, the property is conveniently close to Costco, Sam's Club, Vons, Home Depot, In-N-Out, and South End Racquet Club, offering a variety of amenities and easy accessibility. Additionally, there is no local rent control under AB-1482, providing flexibility for rental income.
Whether you're seeking multi-generational living, rental income, or a value-add investment opportunity, this property offers outstanding potential in a highly desirable area.
Location
State CA
County Los Angeles
Area 121 - Lomita
Zoning LOA1*
Rooms
Main Level Bedrooms 6
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air
Flooring Carpet, Wood
Fireplaces Type None
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Outside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
View Y/N Yes
View Mountain(s)
Accessibility Customized Wheelchair Accessible
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 7373002053
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Ryan Versfelt • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "