2446 248th St - Apartments FOR SALE


Lomita, CA 90717
$1,299,000 USD
407-341-3254
2446 248th St, Lomita, CA for Sale
$1,299,000 USD
Apartments - FOR SALE
1/22
null | 2.8% Cap Rate

2446 248th St
Lomita, CA 90717


OVERVIEW

This beautifully renovated property, upgraded in 2019, is located in a prime suburban neighborhood, just minutes from the popular Torrance Crossroads Shopping Center and Rolling Hills Plaza. Featuring two well-maintained homes on a spacious lot, this property is ideal for investors or owner-occupants looking to maximize rental income. The front home offers a cozy 2 bed, 1 bath layout, while the rear home features a larger 3 bed, 1.5 bath with open concept floor plan and fenced in yard. Both units enjoy their own low maintenance, turf front yards, perfect for outdoor relaxation. Each home also includes its own single-car garage and driveway parking, ensuring plenty of space for vehicles. Or the potentially turn the garage into an possible ADU for even more rental income. This turnkey property is currently generating solid income and is located in a high-demand area with a strong rental market.

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$705 USD /SF

# OF UNITS

2

PRICE/UNIT

$649,500

CAP RATE

2.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

7376-005-024

ASK ABOUT THIS PROPERTY

Krissy MussendenBuckingham InvestmentsMore Info
407-341-3254

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Krissy MussendenBuckingham InvestmentsMore Info
407-341-3254

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.