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25610 Narbonne Avenue

Lomita, 90717

0 Bd
0 Ba
9,736 Lot
$1,050,000 SOLD Price | Closed 9/18/23
Closed Status
27 Days on Market
Apr 28 First Day Active
$1,045,000 Start Price

Description

Wonderful opportunity to own a well maintained 5-unit mixed-use income property, centrally located in Lomita. This property has a mix of residential and commercial units. There are currently 2 office spaces with entrance off of Narbonne, 1 studio or office with side entry, 1 bedroom / 1 bathroom unit also with side entry, then in the back of the lot a 4 bedroom / 2 bathroom unit with no shared walls. There are a total of 9 parking spots on premises, including a 2-car garage for the 4 bedroom unit and 7 designated parking spots. Currently, the unit that could be a studio apartment or an office is vacant. The 4 bedroom unit has a stove, microwave hood, fridge, dishwasher, and washer/ dryer all included. You?ll also find recessed lighting, laminate floors, and a spacious private backyard with grass and mature fruit trees. The 1 bedroom has its own laundry hookups. The office spaces, units A & B, have their own 1/2 baths and laminate floors. The vacant studio/office has its own 3/4 bath and carpet floors. Commercial leases with 3 two year options remaining on offices offering stable income, 4 bedroom and 1 bedroom units on month-to-month. Huge upside potential. High walk score. Well maintained property, with metered electricity, 4 sub-meters, and low maintenance landscaping.

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Property Details for 25610 Narbonne Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Poul Erik Norgaard
Listing Brokered By
Compass
Type
Residential Income, Mixed Use
Year Built
1962 (Assessor)
MLS Area
121 - Lomita

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
27 DOM
Combined DOM*
27
First Date Active
April 28th, 2023
Closing Date
September 18th, 2023
Sold Price
$1,050,000
Orig. List Price
$1,045,000
MLS® #
SB23064779
APN
7375025020
Special
Standard

Home Interior Information

Levels/Stories
One
Flooring
Carpet, Laminate, Vinyl
Heating
Central, Wall Furnace
Cooling
Wall/Window Unit(s)
Appliances
Dishwasher, Gas Range, Refrigerator
Fireplaces
None

Room Information

Laundry
Inside

Exterior Information

Lot Description
0-1 Unit/Acre, Landscaped
Lot Size (sq. ft.)
9,736
Lot Size (acres)
0.22
Pool
None
Parking Spaces
9
Garage Spaces
2

Utilities Information

Utilities
See Remarks
Electric
Standard
Water Source
Public

Additional Information

Zoning
LOCG*
Buyer's Brokerage Fee
2.500
Co-Agent
Tadashi Kondo
Co-Agent Office
Compass

* Combined DOM (CDOM) 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 on Market 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
5
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Listing/Price History

25610 Narbonne Avenue, Lomita, (MLS® #SB23064779)

Date Details Price Change
Closed $1,050,000
Pending
Active Under Contract
Active
Active Under Contract (from Active)
Show More (1)
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Listing Summary

Quick Summary of 25610 Narbonne Avenue: This home in Lomita is priced at $1,045,000 . The Mixed Use residence was originally built in 1962 and was listed on April 28th, 2023 at $1,045,000, showing 27 Days on Market currently. Contact Dave Fratello today for more information or to go see 25610 Narbonne Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 18th, 2024 at 4:35pm 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.