1737 252nd Street, Lomita, CA 90717 - Berkshire Hathaway HomeServices California Properties

1737 252nd Street, Lomita, CA 90717

$2,950,000 Approx. USD 9 beds, 8 baths
4,632 sqft

Listing Agent


Noam Srolovitz | noam@kapeproperties.com
Lic#: 02069623
Broker: Courtesy of Kape Property Management, Inc.

Co Listing Agent


Benjamin Lester | blester@kapeproperties.com
Lic#: 02033314
Broker: Courtesy of Kape Property Management, Inc.

Agent Remarks

We are pleased to present this turnkey (with upside) and easy-to-manage 7-unit classic bungalow community situated on a residential cul-de-sac street in the heart of Lomita. This asset comprises seven completely freestanding homes, including six 1-bedroom residences and one 3-bedroom, 2-bathroom "owner's unit." Listed at a 4.71% current cap rate and 14.56 current GRM. Each of the bungalows feel like single family homes, complete with private yards, in-unit laundry and plenty of interior space. Five of the seven bungalows have been renovated within the past ~12 months, including the impressive "owner's unit" a professionally designed ~1,200 square foot 3-bed, 2-bath home with a gorgeous chef's kitchen, open floorplan, private yard, master suite with a walk-in closet and elegant ensuite bathroom, private 1 car garage (plus extra parking), minisplit temperature control (AC), in-unit laundry, brand new luxury flooring and windows, and more. These units lease FAST due to their unique renter-friendly qualities. The property's grounds consist of gobs of off-street parking (14 spaces!) and a manicured courtyard with mature avocado trees. NO LOCAL RENT CONTROL - subject only to AB 1482.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25494619
Price: $2,950,000
Beds: 9
Baths: 8
Built in 1942
4,632 sqft
1 story
0.34 acres
Lot size: 0.3448
County: Los Angeles
Zoning: LOR1*
Interior features: Ceiling Fan(s)
Appliances: Dishwasher,Disposal,Refrigerator,Vented Exhaust Fan,Dryer,Washer
Parking description: Assigned
Heating description: Combination,Wall Furnace,Zoned
MLS area: 121 - Lomita

Last Updated: 2/18/2025

 Days On Market (DOM): 148

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This listing belongs to the 121 - Lomita MLS area

Lat/Long: 33.796044, -118.309014.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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