For more information regarding the value of a property, please contact us for a free consultation.
1929 259th Place Lomita, CA 90717
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,450,000
Property Type Single Family Home
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 3,894 sqft
Price per Sqft $372
MLS Listing ID CL23281213
Sold Date 09/07/23
Bedrooms 9
HOA Y/N No
Year Built 1950
Lot Size 10,502 Sqft
Acres 0.24
Property Sub-Type OTHER
Property Description
Highly Desirable Lomita Location - South of Pacific Coast Highway | Outstanding Unit Mix of 2-Bedroom & 3-Bedroom Units | Large 10,502-Square Foot Lot | Desirable Opportunity to Add Up to 2 ADUs (Accessory Dwelling Units) | Garage Parking | No Local Rent Control - Defaults to AB 1482 | Tremendous Value-Add Opportunity - Approximately 62% in Rental Upside | 7.51% Pro-Forma Cap Rate & 10.14 Pro-Forma GRM | Residential Asset - Perfect Owner-User Opportunity | Close Proximity to Rolling Hills Plaza, Torrance Crossroads, Palos Verdes, Rolling Hills Estates, Redondo Beach & the Pacific Ocean
Location
State CA
County Los Angeles
Zoning LOR1
Interior
Fireplace No
Exterior
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 7553012021
Read Less
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with JonathanNikfarjam
GET MORE INFORMATION