25930 Cypress Street Lomita, CA 90717
Listing Courtesy of: CRMLS / The Real Estate Group / Rita Debolt - Contact:  310-200-6847

  25930 Cypress Street Lomita, CA 90717

Sold (5 Days)
$1,300,000

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.

MLS #:
PV25035443
Taxes
$14,232
Lot Size
5,751 SQFT
Type
Multifamily
Year Built
1970
Style
Contemporary
Views
Neighborhood
County
Los Angeles County

Listed By

Rita Debolt, The Real Estate Group, Contact: 310-200-6847
Bought with
Angela Hu, DRE #02051400 CA, Century 21 Union Realty
Source
CRMLS
Last checked Apr 3 2025 at 9:36 AM GMT+0000
Bathroom Details
Interior Features
  • Windows: Screens
  • Windows: Double Pane Windows
  • Windows: Blinds
  • Water Heater
  • Washer
  • Microwave
  • Free-Standing Range
  • Electric Water Heater
  • Electric Range
  • Dryer
  • Dishwasher
  • Laundry: Electric Dryer Hookup
  • Laundry: Common Area
  • Tile Counters
  • Quartz Counters
  • Pantry
  • Open Floorplan
  • High Ceilings
  • Galley Kitchen
  • Balcony
  • All Bedrooms Up
Lot Information
  • Yard
  • Sprinklers Timer
  • Sprinklers In Rear
  • Sprinklers In Front
  • Rectangular Lot
  • Lawn
  • Front Yard
  • Back Yard
Property Features
  • Fireplace: Living Room
  • Foundation: Raised
  • Foundation: Slab
  • Foundation: Combination
Heating and Cooling
  • Fireplace(s)
  • Electric
Flooring
  • Vinyl
  • Laminate
  • Tile
Exterior Features
  • Roof: Flat
  • Roof: Rolled/Hot Mop
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Overhead Utilities, Electricity Connected
  • Sewer: Public Sewer
Parking
  • Storage
  • Private
  • Paved
  • Concrete
  • Assigned
Stories
  • 2
Additional Information: The Real Estate Group | 310-200-6847
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.