$1,560,000
$1,500,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
26012 Narbonne AVE Lomita, CA 90717
0.46 Acres Lot
Key Details
Sold Price $1,560,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25029775
Sold Date 03/20/25
HOA Y/N No
Year Built 1957
Lot Size 0.459 Acres
Property Sub-Type Triplex
Property Description
Discover a remarkable investment opportunity at 26012 Narbonne Ave, Lomita. This unique property features three units on a sprawling 20,007 sq. ft. lot, offering dual investment strategies: secure passive income with its existing structures or leverage its full potential as a builder's dream. Recent zoning changes potentially could allow for development of up to 40 units per acre, with the possibility to construct four stories reaching up to 60 feet in height. Perfectly situated in a prime South Lomita location, the property is just moments away from the new Rolling Hills Country Club and a mere two blocks south of Pacific Coast Highway, placing future developments in a highly desirable area. Don't miss out on this exceptional opportunity for both investors and builders!
Location
State CA
County Los Angeles
Area 121 - Lomita
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7553005002
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, VA Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Anwer Khan • West Shores Realty, Inc.
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