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25840 Oak St
Lomita, CA 90717 Lomita

$4,650,000 USD

Apartments For Sale  •  11,173 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,173 SF
  • Lot Size 0.46 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 4.85 %
  • Zoning LORVD1200*
41 Transit Score
84 Walk Score

Highlights

First time on market in the past 30 years
Highly Desirable Unit mix with 9-2 Bedroom & 7-Bedroom Units
Tremendous value-added opportunity and rental upside up to 20%
Major upgrades include electrical panels, windows, plumbing and painting
Separately metered for electricity and individual electric hot water heaters
Potential ADUs and value-added opportunities

Financial Summary (Actual)

Net Operating Income: $225,575 USD (2023)
Cap Rate: 4.85 %
Total Expenses: $129,907 USD

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 20 min - 11.2 mi
Los Angeles International 25 min - 16.2 mi
John Wayne/Orange County 42 min - 31.4 mi
Hiu Chan 562-257-1222 Marcus & Millichap
Hiu Chan 562-257-1222 Marcus & Millichap