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$8,800,000

Beds
Unknown
sq ft
Unknown

25907 Oak St, Lomita, CA 90717

25907 Oak St

Lomita, CA 90717

  • 74 days on market
25907 Oak Street is a 23-unit multifamily investment property located in Lomita, CA. 25907 Oak Street consists exclusively of two-bedroom townhomes and offers desirable amenities including garage and surface parking, on-site laundry, private patios, and gated access. Additionally, the property presents an opportunity to add one accessory dwelling unit (ADU) to further increase rental income. 25907 Oak Street is within 1 mile of Rolling Hills Plaza, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is just over 1 mile from Ken Malloy Harbor Regional Park, one of the largest parks in all of Los Angeles County, which gives residents the opportunity to enjoy numerous outdoor activities. 25907 Oak Street benefits from its location 1.80 miles away from Los Angeles Harbor College, a major economic and housing driver for the area. Furthermore, Pacific Coast Highway and Western Avenue’s close proximity to the property allow residents easy access to employment hubs throughout the South Bay. The property’s ideal South Bay location surrounded by an abundance of recreational, entertainment, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 25907 Oak Street.

Details

Property type

Apartment

Lot size

0.95 acres

Price per sq ft

Unknown

Year built

1964

HOA

No

Price History

10/10/2024
CRMLS

CRMLS #OC24210741

Listed
$8,800,000
-3.3%
07/24/2024
CRMLS

CRMLS #OC24025757

Removed
$9,100,000
02/05/2024
CRMLS

CRMLS #OC24025757

Listed
$9,100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Malaga Bank Fsb

Loan start date

May 2022

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

4.42%

Loan type

Credit Line (Revolving)

Seller

Campbell Family Investments Irvine Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 1:00 AM

Listing updated: 12/04/2024 at 9:10 PM

Listed by: Tyler Leeson, Marcus & Millichap RE Invest Phone #: (949) 419-3200

MLS: CRMLS #OC24210741

CRMLS logo

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