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$2,350,000
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Property Description
We are pleased to present our newest exclusive offering at 1615 W Lomita Blvd, a value-add multifamily opportunity in Harbor City. Hitting the market for the first time in 44 years, this property offers investors an exceptional combination of low basis on both price-per-unit and price-per-foot, with significant room to unlock upside. The asset features a diverse unit mix of studios, 1-bedrooms, 2-bedrooms, and 3-bedrooms, catering to a wide tenant demographic. With an estimated 60% upside in rents, this property is ideal for investors seeking to reposition a well-located building with strong fundamentals and long-term appreciation potential. Don't miss this rare chance to acquire a stabilized asset with built-in value and upside. For more information, please reach out.
Full Property Details
Full Property Details for 1615 Lomita Blvd
General
- Sold For: $2,350,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25543933
- Added to Site: 240 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 16
Bedrooms
- Total Bedrooms: 23
Additional Information
- Other Features: None
Parking
- Garage Description: Uncovered, Garage - 2 Car, Garage - 1 Car
Location
- Area: Harbor City
- County: Los Angeles
- Driving Directions: W Lomita Blvd & President Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 10,620
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1961
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 14
- Unit Type: 2106, 2107, 2108, 2109, 2110
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Total Bathrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.271
- Lot Size: 11804
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $233.05
- Assessment Year: 1961
Disclosures and Reports
- Disclosures/Reports: None
- APN: 7439-025-026
Listed by Marcus & Millichap, Jonathan Weir
Sold by Houze Real Estate Management, Kelly Morgan
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Schools
Schools serving 1615 Lomita Blvd
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
President Avenue Elementary School 1465 W. 243rd St., Los Angeles, CA 90710 | 1-6 | 0.5 mi |
Alexander Fleming Middle School 25425 Walnut Street, Lomita, CA 90717 | 6-8 | 0.7 mi |
Nathaniel Narbonne Senior High School 24300 W.ern Ave., Los Angeles, CA 90710 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1615 Lomita Blvd
Date
Details
Price
Change
Source
10/02/2025
Sold
$2,350,000
-5.05%
MLS
5/23/2025
Listed
$2,475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1615 Lomita Blvd, Harbor City, CA 90710 (MLS# 25543933) is a Multi-Family property that was sold at $2,350,000 on October 02, 2025. Want to learn more about 1615 Lomita Blvd? Do you have questions about finding other Multi-Family real estate for sale in Harbor City? You can browse all Harbor City real estate or contact a Coldwell Banker agent to request more information.

