25930 Cypress Street Pending Save Request In-Person Tour Request Virtual Tour
Lomita,CA 90717
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,723 sqft
Price per Sqft $308
MLS Listing ID CRPV25035443
Bedrooms 7
HOA Y/N No
Year Built 1970
Lot Size 5,751 Sqft
Acres 0.13
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
Zoning LORV
Interior
Heating Electric,Fireplace(s)
Cooling No Air Conditioning
Flooring Laminate,Tile,Vinyl
Fireplace No
Appliance Electric Water Heater
Laundry Common Area,Dryer,Washer,Other
Exterior
Exterior Feature Back Yard,Front Yard,Sprinklers Automatic,Sprinklers Back,Sprinklers Front,Other
Utilities Available Sewer Connected
View Y/N true
View Other
Handicap Access Other
Total Parking Spaces 12
Building
Lot Description Other,Back Yard,Front Yard
New Construction No
Others
Tax ID 7553003038