26012 Narbonne AVE new

Lomita,CA 90717

$ 1500000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25029775

Year Built 1957

Lot Size 0.459 Acres

Property Sub-Type Triplex

Property Description

Discover a remarkable investment opportunity at 26012 Narbonne Ave, Lomita. This unique property features three units on a sprawling 20,007 sq. ft. lot, offering dual investment strategies: secure passive income with its existing structures or leverage its full potential as a builder's dream. Recent zoning changes potentially could allow for development of up to 40 units per acre, with the possibility to construct four stories reaching up to 60 feet in height. Perfectly situated in a prime South Lomita location, the property is just moments away from the new Rolling Hills Country Club and a mere two blocks south of Pacific Coast Highway, placing future developments in a highly desirable area. Don't miss out on this exceptional opportunity for both investors and builders!

Location

State CA

County Los Angeles

Area 121 - Lomita

Interior

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights,Sidewalks

Building

Lot Description 6-10 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,VA Loan

Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,VA Loan

Special Listing Condition Standard

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