1615 LOMITA BOULEVARD, HARBOR CITY CA 90710

  • 10,620 sq.ft.
  • 11,804 sq.ft. lot
offered at $2,475,000
MLS#:25543933
Status: Active // Property Type:
County: Los Angeles // Year Built: 1961

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.

Listing Courtesy of Jonathan Weir, Marcus & Millichap

Interior Features

Heating: Wall Furnace
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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