25719 Walnut Street
25719 Walnut Street
$1,165,000
5
2,954
2,954
$394
Description
Major price revision, 5 unit apartment building in Lomita! Prime South Bay market where multifamily properties rarely become available. Well located just North of Pacific Coast Highway in-between Eshelman Avenue and Western Avenue. Wrap-around corner lot with highly sought after layout: (1) front detached house (950 s.f.) with (4) 1 bedroom/1 bath units in the rear (500 s.f. each). Features newer roofs and new individual water heaters for each unit. The house was taken down to the studs and updated/remodeled...Major price revision, 5 unit apartment building in Lomita! Prime South Bay market where multifamily properties rarely become available. Well located just North of Pacific Coast Highway in-between Eshelman Avenue and Western Avenue. Wrap-around corner lot with highly sought after layout: (1) front detached house (950 s.f.) with (4) 1 bedroom/1 bath units in the rear (500 s.f. each). Features newer roofs and new individual water heaters for each unit. The house was taken down to the studs and updated/remodeled (2005). 1 of 4 apartment units have been rehabbed (2020). Apartment tenants receive a storage locker 5 x 7 included in their rent located in the parking area and there is an additional structure attached to the rear of the building generating additional monthly storage income. Steady day 1 cash flow + significant rental upside: 5.09% cap rate, 6.45% proforma.
- Listed by John Mociak • DRE #01708711 • Brokerage DRE #01527499 • Avenue Realty Group
Property Details for 25719 Walnut Street
Parking Spaces Total
6
Private PoolNo
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2954
Assessor Parcel Number7375-021-005
Property Attached YNtrue
Location
LISTING UPDATED: 04/30/2024 11:05 AM
Property Details for 25719 Walnut Street
Status | Active |
---|---|
MLS # | SB24039682 |
Days on Market | 86 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1946 |
County | Los Angeles County |
Location
Building Information for 25719 Walnut Street
Building/Complex25719 Walnut StFloor-Stories2Residences-Pet Policy-Year Built1946Building Size-
Payment Calculator
$7,689 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 25719 Walnut Street
Property History for 25719 Walnut Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 25719 Walnut Street
Taxable ValueLand$510,000Additions$688,500Total$1,198,500
Tax Record2023$15,976 ($1,331 / month)
Home Facts
Total Finished SqFt2,954 SqFtAbove Grade Finished SqFt2,954 SqFtLot Size5,331 SqFtStyleMulti-Family Res (5+ Units)Year Built1946ZoningLOCG*CountyLOS ANGELESAPN7375-021-005
Schools near 25719 Walnut Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 7 to 12 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Eshelman Avenue Elementary School PublicK to 5 | ||
William J. Johnston Community Day School Public7 to 12 | ||
Nathaniel Narbonne Senior High School Public9 to 12 | ||
Lomita Math/Science/Technology Magnet School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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