Lomita, CA 90717 25907 Oak Street

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Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086
  • MLS# OC24025757
  • 02/05/2024
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  • BedBeds • 46
  • BathFull/Half Baths • 1 / 1
  • FootageSQFT • 23,312
  • GarageGarage • 26

Home Details

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 Avenue’s close proximity to the property allow residents easy access to employment hubs throughout the South Bay.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086

Interior Features for 25907 Oak Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 25907 Oak Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.81
Carport Spaces8.0
Carport Y/NYes
CityLomita
Community FeaturesCurbs, Gutters, Sidewalks
CountyLos Angeles
Days on Market63
DirectionsCross Streets of Oak Street and Pacific Coast Highway
Electric Expense5943.0
Entry LocationFirst Level
Fuel Expense5943.0
Garage Spaces26.0
Garage Y/NYes
Gross Income682569.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense16100.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Item1031Exchange, OwnerWillCarry
Lot Size Square Feet41382.0
MLS Area121 - Lomita
MaintenanceExpense16100.0
MobileHomeRemainsYNNo
Net Operating Income437763.0
New ConstructionNo
Open Parking Spaces4.0
Operating Expense224857.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameOak
Tax Lot163
Taxes$108,103
Total Units23
Trash Expense5943.0
View Y/NNo
Water Sewer Expense5944.0
Waterfront Y/NNo
Year Built1964
Year Built SourceAssessor
ZoningLORVD1500*

Exterior for 25907 Oak Street

Building Area Total23312.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.95
Lot Size Area0.95
Lot Size SourceAssessor
Lot Size UnitsAcres
Number of Buildings8
Number of Separate Electric Meters23
Number of Separate Gas Meters23
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking38.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $9,100,000
MLS#OC24025757
List Date 02/05/2024
Property Type Multi-Family
Phone 714.964.3311
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