25316 Narbonne Avenue Lomita, 90717

Bedrooms:
5
Bathrooms:
3
Square Feet:
2,255 sqft
Price $1,100,000 .00
Approx /month
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Sale Price:
$1,100,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
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Virtual Tour of 25316 Narbonne Avenue , Lomita 90717

Property Description

With just over 9,000 sq ft lot, make sure you look at this home first before buying a smaller lot. Huge lot! About as big as a local apartment building. Don't buy a home with a smaller lot for the same price! View today! You could move right in and live comfortably here without repairs. Or, this property is perfect for an investment, sober living home investment, Air BNB investment, fix n flip investment, build upon investment. ADU can get $1600.00/month in rent. The main house has 4 bedrooms, and can be rented out separately with 2 bunk beds each room for a total of 8 bunk beds at $1000.00/month. That is around $12,000.00/month plus ADU of $1600.00 a month and can be advertised as private non-furnished room for total income of about $13,000-$20,000/month with more bunk beds. Can be listed online for "Rooms Available" with pricing for each bed at $35-45/day or monthly. Excellent source of rental income as you will have no problem paying any loans or trust deeds on this property. This house does need repairs thus is good for investment, fix n flip, buy and rent or hold at $1.1 million. Cash buyer would be accepted same day. The back yard is big enough for an additional house to be built upon with multiple rooms as this is a mixed use zoned property. Now Available! Seller says, "Sell and make an offer!" Come on down and take a look at this 1952 Mid-Century home with an attached ADU. Just put in a brand new water heater that heats up water in just a few seconds. ATT Internet and ATT Internet phone line just installed brand now and ready to be used. New paint and tile floors with wall to wall carpet in two of the bedrooms. Very spacious family room and backyard. The Backyard is around one and a half full sized basketball courts. The dining room and living room are just off the kitchen area. The master bedroom has its own bathroom and a large closet. A full bath with a tub and shower are in both bathrooms. So many options for this property such as a home office in the ADU, use for an extra family member, or simply rent out the ADU for business purposes. With 5 bedrooms, you can also rent out rooms or utilize for AIRBNB for the room space. This is a very special home that is move-in ready or can be built upon. Updated water heater and hosts 5 cars with an entrance to the back yard as well from the side street. Shops nearby: 24 hour fitness just a few blocks on PCH, Whole Foods for organic foods and Sprouts as well.

General Information

Listing Attribution:
eXp Realty of California Inc
Listing Agent:
Richard VanWestbrook
CalBRE#:
02167106
Price:
$1,100,000
Status:
Active
Listing Updated:
12/6/2022
List Date:
10/23/2022
Close Date
Square Feet:
2,255
Bedrooms:
5
Bathrooms:
3
Garage Spaces:
9.00
Year Built:
1952
City:
Lomita
Zip:
90717
County:
Los Angeles
MLS ID:
SB22227922
Buyer Agency Compensation:
2.000%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
Ceiling Fan(s), Granite Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Master
Exterior Features:
TV Antenna
Appliances:
Electric Range, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater
Flooring:
Carpet, Tile
Laundry:
Washer Hookup, Electric Dryer Hookup
Architectural Style:
Contemporary
Levels:
One
Fireplace Features:
Family Room
Cooling:
None
Heating:
Forced Air
Utilities:
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Connected, Water Available, Water Connected
Pool Type Features:
None
Spa Features:
None
Construction Materials:
Drywall
Roofing:
Shingle
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:
Safe Emergency Egress from Home

Community Information

MLS Area:
121 - Lomita

Lot Information

Lot Size (sq feet):
10,096

Location Information

Directions:
NARBONNE OFF OF PCH