Description
We are pleased to present our newest exclusive offering at 1615 w lomita blvd, a value-add multifamily opportunity in harbor city. hitting the market for the first time in 44 years, this property offers investors an exceptional combination of low basis on both price-per-unit and price-per-foot, with significant room to unlock upside. the asset features a diverse unit mix of studios, 1-bedrooms, 2-bedrooms, and 3-bedrooms, catering to a wide tenant demographic. with an estimated 60% upside in rents, this property is ideal for investors seeking to reposition a well-located building with strong fundamentals and long-term appreciation potential. don't miss this rare chance to acquire a stabilized asset with built-in value and upside. for more information, please reach out.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49954998
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 23
Bathroom Information
- Total Baths: 16
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Refrigerator
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1961
- Building Area Total: 10,620
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.271
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 11804
-
Listing Information
Listing Price Information
- Original List Price: 2,475,000
- Listing Contract Date: 2025-05-23
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7439025026
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Door-Multi,Door-Single,Garage,Uncovered
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 124 - Harbor City
- Directions: W Lomita Blvd & President Ave
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: 124 - Harbor City
Building and Construction
- Property Age: 64
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 10620
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/09/2025 @ 08:59
- MLS: 25543933
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 23 bedrooms which is for sale, it has 10,620 sqft, 11,804 sized lot, and 0 parking. are nearby neighborhoods.