1615 Lomita BLVD new

Harbor City,CA 90710

$ 2475000

23 Beds

16 Baths

10620 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,620 sqft

Price per Sqft $233

MLS Listing ID 25543933

Bedrooms 23

Year Built 1961

Lot Size 0.271 Acres

Property Description

We are pleased to present our newest exclusive offering at 1615 W Lomita Blvd, a value-add multifamily opportunity in Harbor City. Hitting the market for the first time in 44 years, this property offers investors an exceptional combination of low basis on both price-per-unit and price-per-foot, with significant room to unlock upside. The asset features a diverse unit mix of studios, 1-bedrooms, 2-bedrooms, and 3-bedrooms, catering to a wide tenant demographic. With an estimated 60% upside in rents, this property is ideal for investors seeking to reposition a well-located building with strong fundamentals and long-term appreciation potential. Don't miss this rare chance to acquire a stabilized asset with built-in value and upside. For more information, please reach out.

Location

State CA

County Los Angeles

Area 124 - Harbor City

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Door-Multi,Door-Single,Garage,Uncovered

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

View More
Favorite Go Tour