List Search

1652 Lomita Blvd
Harbor City, CA 90710 Torrance

$1,320,000 USD

Apartments For Sale  •  4,684 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,684 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1964
  • Zoning R3
41 Transit Score
80 Walk Score

Highlights

Excellent Unit Mix: (1) 3Bd/2Ba with direct access to 1-car garage, (3) 2Bd/1Ba, and (2) Studio/1 Bath units.
Huge 45% Upside in Rental Income - 10.3% Proforma CAP Rate -Seismic Retrofit already Complete
High Rental Demand in Excellent South Bay submarket next to Palos Verdes Peninsula and within minutes from Redondo Beach, Long Beach, etc
Near abundance of employment opportunities in Long Beach, San Pedro Ports and Wilmington Ports.
Available together or separately with the 6 unit building (different Seller) next door which has an identical unit mix.
Within walking distance to an abundant amount of doctor offices, clinics, pharmacies, pediatricians, and medical field employment.

Amenities

  • Storage Space
  • Kitchen

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 18 min - 10.0 mi
Los Angeles International 23 min - 15.1 mi
John Wayne/Orange County 40 min - 30.2 mi
James Torres 562-577-1138 KW Commercial
James Torres 562-577-1138 KW Commercial