$1,500,000 Price Analysis   ♡   Lomita, CA 90717 4 bed 3 bath 2,333 SqFt ($642/SqFt) 7,175SqFt lot. Built 1979 Listed 2024-06-20, Taxes $2,735 | Ⓧ USDA Ineligible due to price & location near Lomita |
Located on the corner of Walnut St and 259th Pl
* Has Contingent Offer *This is an excellent opportunity to own a well maintained 3-unit property as an investment or tremendous for an individual looking to build a real estate portfolio starting with an owner-occupied unit. Comprising of three individual buildings on one parcel in an outstanding location in the Lomita Pines area, these units are close to public transportation and walking distance to schools, shops and restaurants. 25907 Walnut St. is a two story 1220sf SFR built in 1979 with a soaring cathedral ciling and loft to a second-floor master suite.
There is a deck off the master with east facing views. A laundry room is also located off of the kitchen. The second building, 25911 Walnut St., i s 324sf, it is a one-bedroom unit, built in 1947 and sits above a two-car garage. This unit was completed renovated in 2020; upgrades include, new electrical, plumbing, floors, kitchen, bathroom and water heater. The third building, 1905 W 259th Pl., is a one-level, 789sf SFR built in 1929. This sits on the corner of 259th and Walnut and has a laundry room. It was recently upgraded this spring including painting, floors and bathroom vanity. Don't miss the great opportunity to invest Lomita and close to the Beach Cities!
Presented by Jack Fleming at
Coldwell Banker Realty - Palos Verdes-Beach Cities.
Property MLS #SB24105346 from CRMLS
Heating: Yes
Lot Size Acres: 0.1647153
Lot Size Source: Assessor
Lot Size Square Feet: 7175
Parking Features: Parking YN: Yes, Parking Features: Direct Garage Access, Driveway
Parking Total: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Unit-3 Garage Spaces: 2
Gardener Expense: 3000.00
Maintenance Expense: 3600.00
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2640.00
Area: 121 - Lomita
Source Neighborhood: 121 - Lomita
New Taxes Expense: 18750.00
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 2
Parcel Number: 7553012016
Postal Code Plus 4: 3232
Trash Expense: 360.00
Zoning: LOR1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $110,865 + $45,018 $155,883 | $2,735 |
| 2021 | $108,692 + $44,136 $152,828 | $2,705 |
| 2020 | $107,578 + $43,684 $151,262 | $2,717 |
| 2019 | $105,469 + $42,828 $148,297 | $2,632 |
| 2018 | $103,401 + $41,989 $145,390 | $2,570 |
| 2017 | $101,374 + $41,166 $142,540 | $2,525 |
| 2016 | $99,387 + $40,359 $139,746 | $2,413 |
| 2015 | $97,895 + $39,753 $137,648 | $2,376 |
| 2014 | $95,978 + $38,975 $134,953 | $2,390 |
| 2013 | $95,545 + $38,799 $134,344 | $2,361 |
| 2012 | $93,672 + $38,039 $131,711 | $2,360 |
| 2010 | $91,836 + $37,294 $129,130 | $2,292 |
| 2009 | $91,367 + $37,104 $128,471 | $2,195 |
| 2009 | $91,150 + $37,016 $128,166 | $2,195 |
| 2008 | $89,576 + $36,377 $125,953 | $2,103 |
| 2007 | $87,820 + $35,664 $123,484 | $2,010 |
$1,500,000
CRMLS
Listing removed 2022-12-02
$0
CRMLS
Listing removed 2022-12-02
$0
CRMLS
Listed 2022-09-02
$1,549,000
CRMLS
Listed 2022-09-02
$1,549,000
CRMLS
Year Built: 1979
Building Features: 3
Common Walls: No Common Walls
Entry Level: 2
Entry Location: Street
Property Age: 45
Roof: Composition
Levels or Stories: One, Two
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1200.00
Electricity Connected
Natural Gas Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.