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Image 1 - 1901 Walnut Street, Harbor Hills, Lomita, CA 90717, USA - House for sale

Image 2 - 1901 Walnut Street, Harbor Hills, Lomita, CA 90717, USA - House for sale

Image 3 - 1901 Walnut Street, Harbor Hills, Lomita, CA 90717, USA - House for sale

Image 4 - 1901 Walnut Street, Harbor Hills, Lomita, CA 90717, USA - House for sale

Image 5 - 1901 Walnut Street, Harbor Hills, Lomita, CA 90717, USA - House for sale

Image 6 - 1901 Walnut Street, Harbor Hills, Lomita, CA 90717, USA - House for sale

Image 7 - 1901 Walnut Street, Harbor Hills, Lomita, CA 90717, USA - House for sale

Image 8 - 1901 Walnut Street, Harbor Hills, Lomita, CA 90717, USA - House for sale

Home For Sale In Lomita, California

1901 Walnut Street, Harbor Hills, Lomita, CA 90717, USA

Home For Sale In Lomita, California

house for sale

4 views

Listed: 03/07/24

1901 Walnut Street, Harbor Hills, Lomita, CA 90717, USA

5 Bed:

2,954 Sq Ft Living Area:

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Price

$ 1,27M

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About This House

5 unit apartment building in Lomita! Prime South Bay market where multifamily properties rarely become available. Well located just North of Pacific Coast Highway in-between Eshelman Avenue and Western Avenue. Wrap-around corner lot with highly sought after layout: (1) front detached house (950 s.f.) with (4) 1 bedroom/1 bath units in the rear (500 s.f. each). Features newer roofs and new individual water heaters for each unit. The house was taken down to the studs and updated/remodeled (2005). 1 of 4 apartment units have been rehabbed (2020). Apartment tenants receive a storage locker 5 x 7 included in their rent located in the parking area and there is an additional structure attached to the rear of the building generating additional monthly storage income. Investment Metrics: 13.4 GRM / $254Per Unit/ 11.2 GRMPro Forma.

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Lomita Housing & Living

Household Income

Median household income: $62,353

Number of households: 8,070

The average household income in Lomita, CA grew from $61,580 to $62,353 in the past year. This data is an estimate based upon 8,070 households in Lomita, CA.
The chart below presents how household income is distributed in Lomita, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lomita, CA compared to median property taxes around the country. The prevalent amount of property taxes in Lomita, CA equals $3k+ , which is more than the national average.

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