$1,560,000
SOLD MAR 17, 2025

25224 Oak St Lomita, CA 90717

9 Beds
6 Baths
3,325 Sq Ft
6,681 Sq Ft Lot

Recently Sold

$469 Per Sq Ft

2 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • Front Yard
  • 5 Detached Carport Spaces
  • Wall Furnace

About This Home

As of March 2025

Five Unit Building with Good Mix of Units on a nice quiet street in Lomita. Roof and outside paint were done in the last few years. Newer windows. Five covered parking spaces in rear of property. First floor Owner's unit has three bedrooms, 1 & 3/4 baths and a fireplace. Both the other first floor units are one bedroom, one bath. Two unstairs units are both two bedroom, on bath. Grassy front yard. On-site laundry room has washer and dryer on contract with WASH that will expire when property changes ownership. Walk to all area schools and Lomita Park. Close to the Torrance Cross Roads Shopping Plaza. Both the Harbor and San Diego Freeways along with the Los Angeles Harbor are within a twenty minute drive.

Last Agent to Sell the Property

John Fields

Bonanza Realty Brokerage Phone: 310-617-5850 License #00993786 Listed on: 02/13/2025

Last Buyer's Agent

Shawn Nejad

Vista Sotheby's International Realty License #01084309

Vista Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,681 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Front Yard
  • Land Lease

Home Design

  • Apartment

Interior Spaces

  • 3,325 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Leased Washer and Dryer

Parking

  • 5 Parking Spaces
  • 5 Detached Carport Spaces
  • Parking Available
  • Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 161
  • Tax Tract Number 480
  • Assessor Parcel Number 7375009019
  • $450 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,882
  • Fuel Expense $371
  • Gardener Expense $825
  • Insurance Expense $5,000
  • Maintenance Expense $4,360
  • Pest Control $966
  • Trash Expense $5,512
  • Water Sewer Expense $3,560
  • New Taxes Expense $20,138
  • Operating Expense $42,613
  • Gross Income $105,600
  • Net Operating Income $63,694

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • CapRate: 4.00
  • Price Per Unit: 315000
  • Property Attached: Yes
  • Water Sewer Expenses: 3560.00
  • Zoning: LOR1*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 825.00
  • Parcel Number: 7375009019
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 469.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Driveway, Concrete, On Site
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Outside
  • Pest Control Expense: 966.00
  • Sewer: Sewer Paid
  • Trash Expense: 5512.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 6681.00
  • Lot Size Acres: 0.1534

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1882.00
  • Fuel Expense: 371.00
  • Gross Income: 105600.00
  • Gross Scheduled Income: 105600.00
  • Insurance Expense: 5000.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 6681.0000 Square Feet
  • Maintenance Expense: 4360.00
  • Net Operating Income: 63694.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 41906.00
  • Rent Control: Yes
  • Total Actual Rent: 8800.00
  • Total Expenses: 42613.00

Tax Info

  • New Taxes Expense: 20138.00
  • Tax Census Tract: 6700.02
  • Tax Lot: 161
  • Tax Tract Number: 480
  • TaxOtherAnnualAssessmentAmount: 450.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $1,560,000 -- $469 / Sq Ft
02/16/2025 02/16/25 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25033611

California Regional Multiple Listing Service (CRMLS)