Description
Rare south bay investment opportunity – huge lot with major upside
unlock the full potential of this rare 4-unit income property located on a massive lot in a prime south bay location. with la1.5 zoning and a proven neighborhood precedent for higher-density development, this is an exceptional opportunity for investors, developers, or savvy owner-users.
each of the four existing units features 2 bedrooms, private laundry hookups, and a functional layout ideal for steady rental income or future repositioning.
what truly sets this property apart is the redevelopment potential—the lot next door to the west has 9 units, the one just beyond that boasts 12 units, and a 5-unit townhouse development sits two doors down (all with the same lot size). the possibilities here are substantial for anyone looking to maximize density and value.
centrally located with easy access to the freeway, local beaches, a nearby hospital, and walking distance to the park, the location offers strong appeal for tenants and future buyers alike.
whether you're buying and holding, house hacking, or planning a ground-up development, this property offers the size, zoning, and surrounding comps to support a serious upside.
opportunities like this don’t come around often—seize it while you can.
Property Type
Residential IncomeCounty
Los AngelesStyle
BungalowAD ID
49247544
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Asphalt
- Interior Features: All Bedrooms Down
- Fireplace: None
- Flooring: Tile,Vinyl
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1965
- Building Area Total: 2,970
- Roof: Asphalt
Foundation
- Slab
Security Features
- Carbon Monoxide Detector(s)
Pool Features
- None
Laundry Features
- Inside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1746
- Lot Size Source: Assessor
- Lot Size Square Feet: 7606
-
Listing Information
Listing Price Information
- Original List Price: 1,100,000
- Listing Contract Date: 2025-04-03
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7410026069
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas,Telephone
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 124 - Harbor City
- Postal Code Plus 4: 4010
- Directions: just off Lomita Bl
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: 124 - Harbor City
- Property SubType: Quadruplex
Building and Construction
- Property Age: 60
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 04/26/2025 @ 19:10
- MLS: SB25075087
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 2,970 sqft, 7,606 sized lot, and 0 parking. are nearby neighborhoods.