NOT LISTED FOR SALE

25406 Cypress St Lomita, CA 90717

8 Beds
6 Baths
3,840 Sq Ft
10,335 Sq Ft Lot

Last Sold September 07, 2023

Last sale price $1,375,000 $358 Per Sq Ft

20 Days on Market

About This Home

As of September 2023

Highly Desirable Lomita Location - Just a Few Blocks from Rolling Hills Plaza | All 2-Bedroom/1.5-Bathroom Units | Large 10,335-Square Foot Lot | Desirable Opportunity to Add Up to 2 ADUs (Accessory Dwelling Units) | Total of 5 Garages | No Local Rent Control - Defaults to AB 1482 | Tremendous Value-Add Opportunity - Approximately 58% in Rental Upside | 7.65% Pro-Forma Cap Rate & 10.01 Pro-Forma GRM | Residential Asset - Perfect Owner-User Opportunity | Close Proximity to Torrance Crossroads, Palos Verdes, Rolling Hills Estates, Redondo Beach & the Pacific Ocean

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 06/15/2023

Last Buyer's Agent

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 06/15/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 10,335 Sq Ft Lot

Parking

  • 5 Car Garage

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 7373-012-021

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Vacancy Allowance $3,346

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3840
  • Lot Acreage: 0.2373
  • Price Per Unit: 323750.00
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 337.24

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 5
  • Garage Structures: 5
  • Parking Garage: Garage
  • Total Parking: 5

Utilities

  • Number Electric Meters: 4
  • Number Gas Meters: 4

Lot Info

  • Assessed Improvement Percent: 61.89
  • Assessed Improvement Value: 350434
  • Assessed Land Percent: 38.11
  • Assessed Land Value: 215790
  • Total Assessed Value: 566224
  • Assessor Parcel Number: 7373-012-021
  • Lot Size Area: 10335

Rental Info

  • Total Actual Rent: 81900.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.81
  • Number Of Units: 4
  • Total Annual Expense: 26859
  • Type Of Units: 2 + 1.5
  • Vacancy Allow: 3346
  • Vacancy Allow Percent: 4.00
  • Vacancy Rate: 0

Tax Info

  • Tax Percent: 1.25
  • Tax Total: 16187.00

Range of Values:

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Average Value
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List Price
Sold Price
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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
09/07/2023 09/07/23 Sold $1,375,000 +6.2% $358 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $1,295,000 -- $337 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jonathan Nikfarjam

    Seller's Agent in 2023

    Jonathan Nikfarjam

    Shield CRE, Inc.

    (310) 880-6807

    4 in this area

    76 Total Sales

    Jonathan Nikfarjam
    Section Image
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Map

Source: The MLS

MLS Number: 23-281189

The MLS
California Los Angeles County Lomita 90717

25406 Cypress St, Lomita, CA

This home is located at 25406 Cypress St, Lomita, CA 90717 since 15 June 2023. This property was built in 1964. 25406 Cypress St is a home located in Los Angeles County with nearby schools including Eshelman Avenue Elementary School, Alexander Fleming Middle School, and Nathaniel Narbonne Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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