This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,275,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
First time on the market in 37 years! This 8-unit apartment complex offers investors a classic bread-and-butter income property in a strong rental location near Kaiser Permanente South Bay Medical Center and adjacent to the desirable, affluent South Bay communities of Lomita and Rancho Palos Verdes. The property's strategic location provides consistent rental demand with easy access to major freeways, beaches, shopping, dining, and major employment centers throughout the South Bay and Harbor Area.
The property features an optimal mix of one- and two-bedroom units with substantial, nearly 45% upside in rental income as units turn over. Additional features include on-site laundry with leased equipment and open parking in the rear of the building.
Full Property Details
Full Property Details for 1625 Lomita
General
- Sold For: $1,275,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB26101504
- Added to Site: 174 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Location
- Area: 124 - Harbor City
- County: Los Angeles
- Development Name: 124 - Harbor City
- Driving Directions: East of Western Ave on Lomita Blvd, West of Fwy 110
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 9
- # Electric Meters: 9
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,770
- Year Built: 1958
Unit Information
Unit 1
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 4
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.1355
- Lot Size Source: Assessor
- Lot Description: Rectangular Lot, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $267.3
- Price Per Unit: 185000
Listed by Lyon Stahl Investment Real Estate, Inc., Olga Wright
Sold by All Of Us Enterprises, Inc., Chandra Livingston
Get Pre-Approved Today
Schools
Schools serving 1625 Lomita
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 |
Lomita Math/Science/Technology Magnet School 2211 247th Street, Lomita, CA 90717 | K- | 0.9 mi |
Nathaniel Narbonne Senior High School 24300 W.ern Ave., Los Angeles, CA 90710 | 9-12 | 0.4 mi |
Humanities And Arts (Harts) Academy Of Los Angeles 24300 S. W.ern Ave., Los Angeles, CA 90710 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1625 Lomita
Date
Details
Price
Change
Source
10/01/2026
Sold
$1,275,000
-13.85%
MLS
5/13/2026
Listed
$1,480,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1625 Lomita, Harbor City, CA 90710 (MLS# SB26101504) is a Multi-Family property that was sold at $1,275,000 on October 01, 2026. Want to learn more about 1625 Lomita? 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.

