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1615 Lomita Blvd Harbor City, CA 90710
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Key Details
Sold Price $2,350,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,620 sqft
Price per Sqft $221
MLS Listing ID 25543933
Sold Date 10/02/25
Bedrooms 23
Year Built 1961
Lot Size 0.271 Acres
Acres 0.271
Property Sub-Type Multi-Family
Property Description
We are pleased to present our newest exclusive offering at 1615 W Lomita Blvd, a value-add multifamily opportunity in Harbor City. Hitting the market for the first time in 44 years, this property offers investors an exceptional combination of low basis on both price-per-unit and price-per-foot, with significant room to unlock upside. The asset features a diverse unit mix of studios, 1-bedrooms, 2-bedrooms, and 3-bedrooms, catering to a wide tenant demographic. With an estimated 60% upside in rents, this property is ideal for investors seeking to reposition a well-located building with strong fundamentals and long-term appreciation potential. Don't miss this rare chance to acquire a stabilized asset with built-in value and upside. For more information, please reach out.
Location
State CA
County Los Angeles
Area Harbor City
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Range/Oven, Refrigerator
Exterior
Parking Features Uncovered, Garage - 2 Car, Garage - 1 Car
Garage Spaces 14.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Houze Real Estate Management
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