Recently Viewed Properties
See This Home
Save This Listing
Close

$2,950,000

  • Sold
  • Closed
  • Multi-Family
  • 19 Total Beds
See This Home
Save This Home
See This Home
Save This Home
***PRICE REDUCTION | VERY MOTIVATED SELLER***Exceptional Investment Opportunity***This property offers a 6.31% in-place cap rate and 9.66 GIM, with upside to a 9.46% cap rate and 7.35 GIM. Adding two ADUs (Buyer to Verify) increases performance to a 6.91% cap rate, 8.87 GRM, and a remarkable 6.72% pre-tax cash flow with no additional turnover. Highlights: - 20.14% IRR potential with ADUs - Dual pane windows for efficiency The building includes 14 units: 2 bachelor units, 5 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, 4 two-bedroom/two-bath units, and 2 three-bedroom/two-bath units. Units 10 and 11 (the 3+2s) feature a unique layout with a door connecting the master bedroom to the main unit. This configuration allows the master bedrooms to be rented separately, with the city's approval, provided the connecting door remains in place. Contact us today to learn more or schedule a tour!

Full Property Details for 1623 Lomita Blvd

General

  • Sold For: $2,950,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25543013
  • Added to Site: 240 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 20

Bedrooms

  • Total Bedrooms: 19

Additional Information

  • Other Features: None

Parking

  • Garage Description: Covered Parking, Uncovered

Location

  • Area: Harbor City
  • County: Los Angeles
  • Driving Directions: East of Western Ave, West of President Ave, South of 249th St, North of 251st St

Heating & Cooling

  • Cooling Type: Wall/Window
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 10,620
  • Sq. Ft. Source: Assessor
  • Year Built: 1961
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 14
  • Unit Type: 2106, 2107, 2108, 2109, 2110

Unit 1

  • Total Bathrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 5

  • Total Bathrooms: 2
  • Bedrooms: 3

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.271
  • Lot Size: 11804
  • Lot Size Source: Assessor
  • Lot Dimensions: 100 x 118
  • Zoning: LAR3

Financial Considerations

  • Price Per Sq. Ft.: $291.9
  • Assessment Year: 1961

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 7439-025-025

Listed and Sold by Houze Real Estate Management, Kelly Morgan

Listing agent

— 1623 Lomita Blvd —

  • Kelly Morgan

    Houze Real Estate Management

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1623 Lomita Blvd

School District:Los Angeles Unified School District
NameGradesDistance
President Avenue Elementary School
1465 W. 243rd St., Los Angeles, CA 90710
1-60.5 mi
Alexander Fleming Middle School
25425 Walnut Street, Lomita, CA 90717
6-80.6 mi
Nathaniel Narbonne Senior High School
24300 W.ern Ave., Los Angeles, CA 90710
9-120.4 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 1623 Lomita Blvd

Date
Details
Price
Change
Source
9/30/2025
Sold
$2,950,000
-4.84%
MLS
7/01/2025
Price Reduced
$3,100,000
-1.59%
MLS
5/23/2025
Listed
$3,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Houze Real Estate Management, Kelly Morgan

Just Listed near 1623 Lomita Blvd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

25045 Walnut, Lomita, CA 90717 - Photo 1 Just Listed
$3,750,000

25045 Walnut  Lomita, CA 90717

  • Multi-Family
  • Active
  • Updated 1 day ago
1801 263rd, Lomita, CA 90717 - Photo 1 Just Listed
$824,800
Open House

1801 263rd  #110  Lomita, CA 90717

  • Condo
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,488
    Sq. Ft.
2362 241st, Lomita, CA 90717 - Photo 1 Just Listed
$759,000
Open House

2362 241st  Lomita, CA 90717

  • Townhouse
  • Active
  • Updated 19 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,312
    Sq. Ft.
25925 Narbonne, Lomita, CA 90717 - Photo 1 Just Listed
$480,000

25925 Narbonne  #35  Lomita, CA 90717

  • Condo
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 810
    Sq. Ft.

Price Reduced near 1623 Lomita Blvd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

829 W G, Wilmington, CA 90744 - Photo 1 Price Reduced
-$49,000 (-3.92%)
$1,200,000

829 W G  Wilmington, CA 90744

  • Multi-Family
  • Active
  • Updated 1 day ago
22909 Serra Dr, Carson, CA 90745 - Photo 1 Price Reduced
-$19,900 (-2.49%)
$780,000

22909 Serra Dr  Carson, CA 90745

  • Townhouse
  • Active
  • Updated 14 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,308
    Sq. Ft.
17550 Buttonwood Ln, Carson, CA 90746 - Photo 1 Price Reduced
-$25,001 (-2.44%)
$999,999

17550 Buttonwood Ln  Carson, CA 90746

  • Single Family
  • Active
  • Updated 12 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,436
    Sq. Ft.
22730 Figueroa Street, Carson, CA 90745 - Photo 1 Price Reduced
-$16,000 (-2.94%)
$529,000

22730 Figueroa Street  #29  Carson, CA 90745

  • Townhouse
  • Active
  • Updated 12 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,058
    Sq. Ft.

Recent Sales near 1623 Lomita Blvd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1540 260th St, Harbor City, CA 90710 - Photo 1 Sold
$3,315,000

1540 260th St  Harbor City, CA 90710

  • Multi-Family
  • Closed
  • 16
    Total Beds
22326 Denker Ave, Torrance, CA 90501 - Photo 1 Sold
$2,650,000

22326 Denker Ave  Torrance, CA 90501

  • Multi-Family
  • Closed
  • 12
    Total Beds
87 Dapplegray Ln, Rolling Hills Estates, CA 90274 - Photo 1 Sold
$2,950,000

87 Dapplegray Ln  Rolling Hills Estates, CA 90274

  • Single Family
  • Closed
  • 5
    Beds
  • 5
    Total Baths
  • 4,306
    Sq. Ft.
1626 W 205th St, Torrance, CA 90501 - Photo 1 Sold
$2,550,000

1626 W 205th St  Torrance, CA 90501

  • Multi-Family
  • Closed

1623 Lomita Blvd, Harbor City, CA 90710 (MLS# 25543013) is a Multi-Family property that was sold at $2,950,000 on September 30, 2025. Want to learn more about 1623 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.