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1737 252nd Street

Lomita, 90717

9 Bd
8 Ba
4,632 Sqft
15,019 Lot
$2,950,000 Current Price
Active Status
159 Days Active in MLS
Feb 5 First Day Active
$2,950,000 Start Price

Description

We are pleased to present this turnkey (with upside) and easy-to-manage 7-unit classic bungalow community situated on a residential cul-de-sac street in the heart of Lomita. This asset comprises seven completely freestanding homes, including six 1-bedroom residences and one 3-bedroom, 2-bathroom "owner's unit." Listed at a 4.71% current cap rate and 14.56 current GRM. Each of the bungalows feel like single family homes, complete with private yards, in-unit laundry and plenty of interior space. Five of the seven bungalows have been renovated within the past ~12 months, including the impressive "owner's unit" a professionally designed ~1,200 square foot 3-bed, 2-bath home with a gorgeous chef's kitchen, open floorplan, private yard, master suite with a walk-in closet and elegant ensuite bathroom, private 1 car garage (plus extra parking), minisplit temperature control (AC), in-unit laundry, brand new luxury flooring and windows, and more. These units lease FAST due to their unique renter-friendly qualities. The property's grounds consist of gobs of off-street parking (14 spaces!) and a manicured courtyard with mature avocado trees. NO LOCAL RENT CONTROL - subject only to AB 1482.

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Property Details for 1737 252nd Street

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Noam Srolovitz
Listing Brokered By
Kape Property Management, Inc.
Type
Residential Income
Year Built
1942
MLS Area
121 - Lomita

Price and MLS Information

Status
Active | Listing History
Days Active in MLS
159 DAM
Cumulative DAM*
159
First Date Active
February 5th, 2025
Current Price
$2,950,000
Current PPSF
$637
Orig. List Price
$2,950,000
MLS® #
25494619
APN
7410016011
Special
Standard

Home Interior Information

Levels/Stories
One
Bedrooms
9
Total Baths
8
Int. Sqft.
4,632
Heating
Wall Furnace, Combination, Zoned
Appliances
Disposal, Refrigerator, Vented Exhaust Fan, Dishwasher, Dryer, Washer
Int. Features
Ceiling Fan(s)

Exterior Information

Lot Size (sq. ft.)
15,019
Lot Size (acres)
0.34
Parking Spaces
14
Garage Spaces
1

Additional Information

Zoning
LOR1*
Co-Agent
Benjamin Lester
Co-Agent Office
Kape Property Management, Inc.

* Cumulative DAM (CDAM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to "refresh" the Days Active in MLS count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
121 - Lomita
City/State
Lomita
Zip Code
90717
County
Los Angeles
# of Units
7
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Listing/Price History

1737 252nd Street, Lomita, (MLS® #25494619)

Date Details Price Change
First Day Active $2,950,000
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Listing Summary

Quick Summary of 1737 252nd Street: This 9 Bedroom/8 Bathroom home in Lomita is priced at $2,950,000 ($637/PSF) . The 4,632 sqft. residence was originally built in 1942 and was listed on February 5th, 2025 at $2,950,000, showing 159 Days on Market currently. Contact Dave Fratello today for more information or to go see 1737 252nd Street.

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Based on information from California Regional Multiple Listing Service, Inc. as of July 14th, 2025 at 6:31pm PDT. 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.