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Nicole Darwin

nicole.darwin@engelvoelkers.com +1(707) 330-4357

$ 1,450,000

Est. payment -/mo

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2453 253rd ST Lomita, CA 90717

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25056288

HOA Y/N No

Year Built 1955

Lot Size 0.300 Acres

Property Sub-Type Apartment

Property Description

Two Detached Homes on a Single Lot. Situated on one of the largest lots you will find in this horse stable-compatible section of Lomita, nearly double the size of most lots in the area, this property offers incredible possibilities. Whether you're looking to build horse stables, park RVs, construct a third private home, or create your own private outdoor haven, this expansive lot provides the perfect canvas to bring your vision to life. This beautifully updated duplex, originally built in 1955, includes two detached homes, a garage, and ample parking, making it ideal for family living, rental income, or investment. The front house is a remodeled 3-bedroom, 2-bath unit with an attached granny suite, and is in the process of being vacant for new owners. The rear house is a renovated 3-bedroom, 1-bath home, offering additional living space and income potential. Recent upgrades reflect the pride of ownership and include a new roof, fresh exterior paint, new windows, and a concrete driveway. The property sits on a generous 13,056 sqft lot with room for expansion, including the potential to add a detached ADU (Accessory Dwelling Unit). Currently, the property generates $780/month in income from month-to-month parking leases, providing an immediate income stream. Located on a quiet residential street, the property is conveniently close to Costco, Sam's Club, Vons, Home Depot, In-N-Out, and South End Racquet Club, offering a variety of amenities and easy accessibility. Additionally, there is no local rent control under AB-1482, providing flexibility for rental income. Whether you're seeking multi-generational living, rental income, or a value-add investment opportunity, this property offers outstanding potential in a highly desirable area.

Location

State CA

County Los Angeles

Area 121 - Lomita

Zoning LOA1*

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Wood

Fireplaces Type None

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Outside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs

Accessibility Customized Wheelchair Accessible

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7373002053

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by Ryan Versfelt • Lyon Stahl Investment Real Estate, Inc.

Nicole Darwin

Advisor

+1(707) 330-4357

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