Two Detached Homes on a Single Lot. Situated on one of the largest lots you will find in this horse stable-compatible section of Lomita, nearly double the size of most lots in the area, this property offers incredible possibilities. Whether you're looking to build horse stables, park RVs, construct a… Read More third private home, or create your own private outdoor haven, this expansive lot provides the perfect canvas to bring your vision to life. This beautifully updated duplex, originally built in 1955, includes two detached homes, a garage, and ample parking, making it ideal for family living, rental income, or investment. The front house is a remodeled 3-bedroom, 2-bath unit with an attached granny suite, and is in the process of being vacant for new owners. The rear house is a renovated 3-bedroom, 1-bath home, offering additional living space and income potential. Recent upgrades reflect the pride of ownership and include a new roof, fresh exterior paint, new windows, and a concrete driveway. The property sits on a generous 13,056 sqft lot with room for expansion, including the potential to add a detached ADU (Accessory Dwelling Unit). Currently, the property generates $780/month in income from month-to-month parking leases, providing an immediate income stream. Located on a quiet residential street, the property is conveniently close to Costco, Sam’s Club, Vons, Home Depot, In-N-Out, and South End Racquet Club, offering a variety of amenities and easy accessibility. Additionally, there is no local rent control under AB-1482, providing flexibility for rental income. Whether you're seeking multi-generational living, rental income, or a value-add investment opportunity, this property offers outstanding potential in a highly desirable area. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Ryan Versfelt 310-425-9838
Listing Snapshot
Days Online
14
Last Updated
Property Type
Apartment
Lot Size
0.3 Acres
Year Built
1955
MLS Number
SB25056288
30 Days Snapshot Of 90717
$821k
-8%
(avg) sold price
8
+60%
homes sold
61
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1955, Building area total: 1,620, Levels: One, 1 story, 2 buildings, Common walls: NoCommonWalls
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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