$975,000
$999,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
0.34 Acres Lot
SOLD DATE : 02/04/2014
Key Details
Sold Price $975,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB13199051
Sold Date 02/04/14
HOA Y/N No
Year Built 1942
Tax Year 2012
Lot Size 0.345 Acres
Property Description
6 separate bungalow units, each with own small private yard. Huge, 15,000 sq. ft. R-1 lot. 7 garages located off of the alley. Rents are significantly below market. Very nice non - rent control location in sought-after South Lomita. Astute owners know that bungalow units usually generate the highest rent per square foot of any rental properties. 6 units are legal, but if burn down, may only be able to build 2 single family houses - buyer to check with the city.
Location
State CA
County Los Angeles
Area 121 - Lomita
Interior
Fireplace No
Exterior
Garage Assigned
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Curbs
Utilities Available Sewer Connected
Parking Type Assigned
Total Parking Spaces 7
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story One
Entry Level One
Water Public
Level or Stories One
Others
Tax ID 7410016011
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Jonathan Nikfarjam • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "