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$ 1,100,000
Est. payment | /mo
8 Beds
4 Baths
$ 1,100,000
Est. payment | /mo
8 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25075087
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
Rare South Bay Investment Opportunity Huge Lot with Major Upside Unlock the full potential of this rare 4-unit income property located on a massive lot in a prime South Bay location. With LA1.5 zoning and a proven neighborhood precedent for higher-density development, this is an exceptional opportunity for investors, developers, or savvy owner-users. Each of the four existing units features 2 bedrooms, private laundry hookups, and a functional layout ideal for steady rental income or future repositioning. What truly sets this property apart is the redevelopment potentialthe lot next door to the west has 9 units, the one just beyond that boasts 12 units, and a 5-unit townhouse development sits two doors down (all with the same lot size). The possibilities here are substantial for anyone looking to maximize density and value. Centrally located with easy access to the freeway, local beaches, a nearby hospital, and walking distance to the park, the location offers strong appeal for tenants and future buyers alike. Whether you're buying and holding, house hacking, or planning a ground-up development, this property offers the size, zoning, and surrounding comps to support a serious upside. Opportunities like this dont come around oftenseize it while you can.
Location
State CA
County Los Angeles
Zoning Assessor
Direction just off Lomita Bl
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 7410026069
Listed by George Wang Harvest Realtors, Inc.