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25406 Cypress Street Lomita, CA 90717
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Key Details
Sold Price $1,375,000
Property Type Single Family Home
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $358
MLS Listing ID CL23281189
Sold Date 09/07/23
Bedrooms 8
HOA Y/N No
Year Built 1964
Lot Size 10,335 Sqft
Acres 0.24
Property Sub-Type OTHER
Property Description
Highly Desirable Lomita Location - Just a Few Blocks from Rolling Hills Plaza | All 2-Bedroom/1.5-Bathroom Units | Large 10,335-Square Foot Lot | Desirable Opportunity to Add Up to 2 ADUs (Accessory Dwelling Units) | Total of 5 Garages | No Local Rent Control - Defaults to AB 1482 | Tremendous Value-Add Opportunity - Approximately 58% in Rental Upside | 7.65% Pro-Forma Cap Rate & 10.01 Pro-Forma GRM | Residential Asset - Perfect Owner-User Opportunity | Close Proximity to 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 5
Building
New Construction No
Others
Tax ID 7373012021
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Bought with JonathanNikfarjam
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