Lomita, CA 90717,25610 Narbonne AVE
Lomita, CA 90717,25610 Narbonne AVE
Lomita, CA 90717,25610 Narbonne AVE
35
$1,050,000
$1,045,000
0.5%
Est.Price: ?

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9,735 Sqft Lot

25610 Narbonne AVE Lomita, CA 90717

Est. payment /mo
SOLD DATE : 09/18/2023

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Key Details

Sold Price $1,050,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23071776

Year Built 1962

Lot Size 9,735 Sqft

Property Description

Wonderful opportunity to own a well maintained 5-unit mixed-use income property, centrally located in Lomita. This property has a mix of residential and commercial units. There are currently 2 office spaces with entrance off of Narbonne, 1 studio or office with side entry, 1 bedroom / 1 bathroom unit also with side entry, then in the back of the lot a 4 bedroom / 2 bathroom unit with no shared walls. There are a total of 9 parking spots on premises, including a 2-car garage for the 4 bedroom unit and 7 designated parking spots. Currently, the unit that could be a studio apartment or an office is vacant. The 4 bedroom unit has a stove, microwave hood, fridge, dishwasher, and washer/ dryer all included. You?ll also find recessed lighting, laminate floors, and a spacious private backyard with grass and mature fruit trees. The 1 bedroom has its own laundry hookups. The office spaces, units A & B, have their own 1/2 baths and laminate floors. The vacant studio/office has its own 3/4 bath and carpet floors. Commercial leases with 3 two year options remaining on offices offering stable income, 4 bedroom and 1 bedroom units on month-to-month. Huge upside potential. High walk score. Well maintained property, with metered electricity, 4 sub-meters, and low maintenance landscaping.

Location

State CA

County Los Angeles

Area 121 - Lomita

Interior

Heating Central, Wall Furnace

Cooling Wall/Window Unit(s)

Laundry Laundry Room

Building

Lot Description 0-1 Unit/Acre, Landscaped

Story 1

Water Public

Others

Acceptable Financing Cash, Conventional, Contract, 1031 Exchange, Submit

Listing Terms Cash, Conventional, Contract, 1031 Exchange, Submit

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Poul Erik Norgaard • Compass
Bought with Poul Erik Norgaard • Compass

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Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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