25316 Narbonne Avenue, Lomita, CA 90717

$1,100,000
5
BD
3
BA
2,255
SqFt
List Price
$1,100,000
Status
ACTIVE
MLS#
SB22227922
Year Built
1952
Bedrooms
5
Bathrooms
3
Living Sq. Ft
2,255
Lot Size
10,096
Acres
0.23
Lot Location
Item01UnitAcre, Back Yard, Level, NoLandscaping, Near Public Transit, StreetLevel, Walkstreet, Yard
Days on Market
101
Property Type
Single Family Residential
Style
Contemporary
Property Sub Type
Mixed Use
Stories
One Level

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.

Additional Information

Other Buildings
Guest House
Appliances
Electric Range, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater
Pool Description
None
Fireplace Description
Family Room
Heat
Forced Air
Cooling Description
None
View
Neighborhood
Exterior Construction
Drywall
Patio
Rear Porch, Concrete, Covered, Front Porch, Porch
Roof
Shingle
Garage Spaces Total
9
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified
Elementary School
Lomita
High School
Narbonne
Interior Features
Ceiling Fan(s), Granite Counters, AllBedroomsDown, BedroomonMainLevel, MainLevelMaster
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Richard VanWestbrook (richardvanwestbrook@gmail.com) from Listing Office: eXp Realty of California Inc.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.