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25907 Oak Street, Lomita, CA 90717
Priced at Only: $8,800,000
For more Information Call Mobile: 714.478.6676
Address: 25907 Oak Street, Lomita, CA 90717
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  • MLS#: OC24210741 ( Apartment )
  • Street Address: 25907 Oak Street
  • Viewed: 8
  • Price: $8,800,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 78
  • Additional Information
  • County: LOS ANGELES
  • City: Lomita
  • Zipcode: 90717
  • Provided by: Marcus & Millichap RE Invest
  • Contact: Tyler Tyler
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    25907 Oak Street is a 23 unit multifamily investment property located in Lomita, CA. 25907 Oak Street consists exclusively of two bedroom townhomes and offers desirable amenities including garage and surface parking, on site laundry, private patios, and gated access. Additionally, the property presents an opportunity to add one accessory dwelling unit (ADU) to further increase rental income. 25907 Oak Street is within 1 mile of Rolling Hills Plaza, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is just over 1 mile from Ken Malloy Harbor Regional Park, one of the largest parks in all of Los Angeles County, which gives residents the opportunity to enjoy numerous outdoor activities. 25907 Oak Street benefits from its location 1.80 miles away from Los Angeles Harbor College, a major economic and housing driver for the area. Furthermore, Pacific Coast Highway and Western Avenues close proximity to the property allow residents easy access to employment hubs throughout the South Bay. The propertys ideal South Bay location surrounded by an abundance of recreational, entertainment, and retail amenities is a primary draw for potential renters. This overall demand for well located rental units will be a key driver in the continued growth and success at 25907 Oak Street.
Features
Association Fee
  1. 0.00
Building Area Total
  1. 23312.00
Carport Spaces
  1. 8.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Country
  1. US
Days On Market
  1. 173
Electric Expense
  1. 6910.00
Entry Location
  1. First level
Fuel Expense
  1. 6910.00
Garage Spaces
  1. 26.00
Insurance Expense
  1. 20000.00
Laundry Features
  1. Community
Lot Features
  1. Level with Street
Netoperatingincome
  1. 442865.00
Newtaxesexpense
  1. 104401.00
Number Of Separate Electric Meters
  1. 23
Number Of Separate Gas Meters
  1. 23
Otherexpense
  1. 38928.00
Otherexpensedescription
  1. Misc
Otherincome1
  1. 24810.00
Otherincomedescription
  1. Misc
Parcel Number
  1. 7553006022
Pool Features
  1. None
Professionalmanagementexpense
  1. 23573.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 424963544:CRM
Totalexpenses
  1. 230642.00
Trash Expense
  1. 6910.00
Uncovered Spaces
  1. 4.00
Vacancyallowance
  1. 20063
Water Sewer Expense
  1. 6910.00
Water Source
  1. Public
Year Built
  1. 1964
Year Built Source
  1. Assessor
Zoning
  1. LORVD1500*
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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