property image

Prime Duplex with Conversion Potential

$1,049,000
  • 477 m² Plot surface

Description

*** BIG CHANGE! *** Rear 2 bed unit is empty and painted **** FRONT unit (3 bd/2 ba) may also be empty soon too!!! *** Potential gross rents of $65,100 per year! Such a rare opportunity! Good-sized duplex (2,032 SF) with a perfect one level owners unit in the front with 3 larger bedrooms with 2 full bathrooms. ** Nice backyard that is currently concrete but could easily be a grassy green Oasis. ** Very quiet street. The condition is above average (new heaters, good roof, newer exterior stucco and paint, etc.) so no need to remodel anything. ** Tenants pay own gas and electric. ** There is room for four cars - two in the garage and two on the parking apron. The garage would make a perfect ADU, so you could create a triplex. ** This is the best priced duplex in Lomita as of the day of the listing. ** Grassy front yard which could easily be enclosed for kids or pets. ** This could even be converted into a 5 bed, 3 bath Single Family Residence!!

engel & völkers shop image

Engel & Völkers

Your advisor: Nick Peters

Property ID: AM-5047654

Property details

Property type

Apartment

Plot surface

477 m²

Contact the provider

Get more information about this property

I agree with the processing of my data for the purpose of searching for properties and being contacted by Engel & Völkers Los Angeles South Bay. If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

You can find out in detail which data Engel & Völkers Los Angeles South Bay stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

Nearby properties

These homes might interest you

  • Versatile Duplex with Expansion Potential

    Lomita, California, United States

    Versatile Duplex with Expansion Potential

    $1,049,000

    • 5 Bedrooms3 Bathrooms477 m² Plot surface
  • South Redondo Condo with Large Balcony and Ocean Views

    South Redondo, Redondo Beach, California, United States

    South Redondo Condo with Large Balcony and Ocean Views

    $899,000

    • 3 Bedrooms1 Bathroom15,024 m² Plot surface
Apartments for sale in California

Your shop

Engel & Völkers

engel & völkers shop image

Provider:

Engel & Völkers Los Angeles South Bay

wavy pattern