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25316 Narbonne Avenue

Lomita, CA 90717
  • $1,100,000
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: SB22227922
Open House
UPDATED: 66 min ago
$1,100,000
  • 5
    BEDS
  • 0.23
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,255
    SQFT
  • $488
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1952
County:
Area:

School Information

Elementary School:
High School:
School District:
Listing Agent(s): Richard Vanwestbrook of Exp Realty Of California Inc (888-584-9427)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-04T18:30:52.967. 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 deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
www.itsyourmovesandiego.com/homes/134191804
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25316 Narbonne Avenue Lomita, CA 90717

  • Price: $1,100,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 66 min ago
  • ID#: SB22227922
5
Beds
2
Baths
0
½ Baths
0.23
Acres
2,255
SQFT
$488
$/SQFT
1952
Built
Neighborhood:
121 - Lomita
County:
Los Angeles
Area:
121 - Lomita
Elementary School:
Lomita
High School:
Narbonne
School District:
Los Angeles Unified
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.
Exterior Features

Architectural Style Contemporary Attached Garage YN No Construction Materials Drywall Direction Faces West Entry Level 1 Entry Location Narbonne/253Rd Pl Exterior Features Tv Antenna Fencing Wood Lot Features 0-1 Unit/AcreBack YardLevelNo LandscapingNear Public TransitStreet LevelWalkstreetYard Open Parking Spaces 4 Other Structures Guest House Parking Features ConcreteDrivewayOn SiteOff Street Parking Total 13 Patio And Porch Features Rear PorchConcreteCoveredFront PorchPorch Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Shingle Sign On Property YN No Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Accessibility Features Safe Emergency Egress From Home Appliances Electric RangeGas CooktopGas OvenGas RangeGas Water Heater Common Walls No Common Walls Cooling None Cooling YN No Door Features Sliding Doors Fireplace Features Family Room Fireplace YN Yes Flooring CarpetTile Heating Forced Air Heating YN Yes Interior Features Ceiling Fan(S)Granite CountersAll Bedrooms DownBedroom On Main LevelMain Level Master Main Level Bathrooms 1 Main Level Bedrooms 1 Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Biking Contingency Price Reduced For All Cash Offer Sale To Under $1000000 if Proof Of Funds is Submitted. Fha And Conventional LoansFull Price. You Can Get An Appraisal For This Home That Price May Be Met if Approved By The Owner. Disclosures Accessory Dwelling UnitCautions Call AgentEasement(S) Electric Electricity - On Property Exclusions Nothing is Excluded in The Sale Of This Property. Garage YN Yes Inclusions Master Bedroom FurnitureBedTwo Dressers An A Table For Your Tv. Land Lease YN No Laundry Features Washer HookupElectric Dryer Hookup Lease Considered YN No Levels One Listing Agreement Exclusive Right With Exception Listing Service Full Service Listing Terms CashCash To New LoanConventionalContractFhaFannie MaeFreddie MacGovernment Loan New Construction YN No Possession Close Of Escrow Property Condition Repairs CosmeticTurnkey Property Sub Type Mixed Use Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Mixed Use Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedPhone AvailableSewer ConnectedWater AvailableWater Connected Water Source Public Zoning Locg*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-04T18:30:52.967. 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 deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
 
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Massa & Associates Real Estate Group | eXp California Realty Inc
848 Prospect St
La Jolla CA, 92037
Listing Agent(s): Richard Vanwestbrook of Exp Realty Of California Inc (888-584-9427)