Lomita, CA 90717,25930 Cypress Street
Listed by Rita DeBolt • The Real Estate Group
Bought with Angela Hu • Century 21 Union Realty

$1,300,000

Est. payment /mo

$1,150,000

13.0%
Est.Price: ?

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25930 Cypress Street Lomita, CA 90717

3,723 SqFt

SOLD DATE : 03/19/2025

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,723 sqft

Price per Sqft $349

MLS Listing ID CRPV25035443

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

Interior

Heating Electric, Fireplace(s)

Cooling No Air Conditioning

Flooring Laminate, Tile, Vinyl

Laundry Common Area, Dryer, Washer, Other

Exterior

View Other

Building

Lot Description Other, Back Yard, Front Yard

Water Public

Read Less

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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