1615 Lomita Boulevard

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1615 Lomita Boulevard

Harbor City, CA90710

| 10620 sqft | MLS# 25543933

Tract:

For Sale $2,475,000

Monica Ruggieri

Monica Ruggieri

AGENT | CAL BRE# 01828186


949.300.8600 |

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.

Facts

| Built in 1961 | Lot Size: 11804.00 sqft | HOA Dues: $0/month

Features

Listing provided by Jonathan Weir, Marcus & Millichap

Based on information from California Regional Multiple Listing Service, Inc. as of May 31, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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