Lomita, CA 90717,25030 Cypress ST
Lomita, CA 90717,25030 Cypress ST
Lomita, CA 90717,25030 Cypress ST
33
$1,700,000
$1,499,000
13.4%
Est.Price: ?

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10,153 Sqft Lot

25030 Cypress ST Lomita, CA 90717

Est. payment /mo
SOLD DATE : 08/30/2021

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Key Details

Sold Price $1,700,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB21142071

Sold Date 08/30/21

HOA Y/N No

Year Built 1969

Lot Size 10,153 Sqft

Property Description

4 freestanding units on a large lot (+/-) 10,227 sqft. Each unit has its own address. Front-Rear addresses: (1): 25030, (2): 25030 ½, (3): 25032, (4): 25032 ½. Units 1 & 4 built in 1929. Units 2 & 3 built in 1969. There are two 2-car garages and two 1-car garages with roll-up/auto opening doors and laundry hook-ups. Additionally, there are 2 covered car ports for a total of 8 car parking...2 per unit. New concrete driveway front to back in 2009/2010.
Units 1,2,3 are 2-bedroom, 1-bath. Units 1 & 2 are well below market rents. Unit 3 was recently renovated and is closer to market rent. All have upside potential for the new owner! All tenants are Month-To-Month. Current monthly rents (1): $1600. (2): $1540. (3): $1995. (4): was $2100, currently being improved. Potential monthly rents (1): $1900/$2400 with renovation. (2): $1700/$2200 with renovation. (3): $2200. (4): $2600. Unit (4) is currently being improved and would be ideal for an owner occupant. It has received a new roof, is receiving new flooring & baseboards, electrical outlets & switches, and fresh paint throughout. It has laundry hook-ups in the kitchen and dual pane windows were installed several years ago. Beside the unit is a casita/bungalow with its own entrance/exit, a sink, disposal, countertop, cabinets, closet and ¾ bathroom…for a total of 3 bedrooms and 2 bathrooms. The casita/bungalow is perfect for guests, home office, playroom, parties, or storage. The large enclosed grassy back yard with auto-sprinklers is ideal for outdoor family enjoyment. There is potential to create parking for an RV, boat or additional cars.

Location

State CA

County Los Angeles

Area 121 - Lomita

Zoning LOR1*

Interior

Fireplace No

Laundry Inside, In Garage, See Remarks

Exterior

Garage Concrete, Covered, Door-Multi, Driveway, Garage, Shared Driveway, See Remarks

Garage Spaces 6.0

Carport Spaces 2

Garage Description 6.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Parking Type Concrete, Covered, Door-Multi, Driveway, Garage, Shared Driveway, See Remarks

Total Parking Spaces 8

Private Pool No

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7373011013

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by Matthew Adamo • One Pacific Properties
Bought with DeDe Hsu • Keller Williams Palos Verdes

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Leo Chen

Agent | License ID: 01958853

+1(949) 238-2346

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