We are pleased to present this turnkey (with upside) and easy-to-manage 7-unit classic bungalow community situated on a residential cul-de-sac street in the heart of Lomita. This asset comprises seven completely freestanding homes, including six 1-bedroom residences and one 3-bedroom, 2-bathroom "owner's unit." Listed at a 4.71% current cap rate and 14.56 current GRM. Each of the bungalows feel like single family homes, complete with private yards, in-unit laundry and plenty of interior space. Five of the seven bungalows have been renovated within the past ~12 months, including the impressive "owner's unit" a professionally designed ~1,200 square foot 3-bed, 2-bath home with a gorgeous chef's kitchen, open floorplan, private yard, master suite with a walk-in closet and elegant ensuite bathroom, private 1 car garage (plus extra parking), minisplit temperature control (AC), in-unit laundry, brand new luxury flooring and windows, and more. These units lease FAST due to their unique renter-friendly qualities. The property's grounds consist of gobs of off-street parking (14 spaces!) and a manicured courtyard with mature avocado trees. NO LOCAL RENT CONTROL - subject only to AB 1482.
This property is $2.0M more than the Median Sold Price and $87/SqFt more than other homes in Lomita, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24451579
Listing Office:
Office Name: Kape Property Management, Inc.
Office Phone: (310) 912-7808
Listing Agent: Noam Srolovitz
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 7:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 04, 2014
Feb 04, 2014Home Sold
$975,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$14,560
$1,104,190
2020
$14,121
$1,092,869
2019
$13,836
$1,071,441
2018
$13,529
$1,050,433
2017
$13,529
$1,029,837
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Harbor City Elementary School
1508 254th St
Distance between this listing and this school0.35 miles
Public District Grades KG-5
6
/10
Eshelman Avenue Elementary School
25902 Eshelman Ave
Distance between this listing and this school0.65 miles
Public District Grades 1-5
4
/10
President Avenue Elementary School
1465 243rd St
Distance between this listing and this school0.70 miles
Public District Grades 1-6
Nearby Schools
6
/10
Fleming Middle School
25425 Walnut St
Distance between this listing and this school0.31 miles
Public District Grades 6-8
6
/10
J. H. Hull Middle School
2080 W 231st St
Distance between this listing and this school1.38 miles
Public District Grades 6-8
4
/10
Wilmington STEAM Magnet
1700 Gulf Ave
Distance between this listing and this school2.01 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
George S. Patton Continuation
24514 S W Ern Ave
Distance between this listing and this school0.44 miles
Public District Grades 9-12
6
/10
Narbonne High School
24300 Western Ave
Distance between this listing and this school0.55 miles
Public District Grades 9-12
5
/10
Humanities & Arts (HArts) Academy of Los Angeles
24300 Western Ave
Distance between this listing and this school0.55 miles
The neighbors living near this home have an average income of $43,828. Most Lomita, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1737 252nd St
What is the listing price of this property?
The listing price of 1737 252nd St property is $2,950,000.
What type of property is this?
The property 1737 252nd St is a house located in Lomita, California, 90717.
Is this property for sale now?
Active Listing: 1737 252nd St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $14,560 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 4, 2014 for $975,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1737 252nd St has 9 bedrooms and 8 bathrooms.
What is the square footage of this property?
The property 1737 252nd St is 4,632 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1737 252nd St is 1942.
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This home is located at 1737 252nd St in Lomita, CA and zip code 90717 in the South Bay neighborhood. This 4,632 square foot home, which was built in 1942, sits on a 0.34 acre lot. Features: 9 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $2,950,000.
In November 2024, from all listings sold in Lomita, CA there were more than 3 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Lomita, CA decreased by 29.2% between October 2024 and November 2024. Listings spent 44 days on the market in November 2024, and had a median list price of $857,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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