1615 Lomita Boulevard, Harbor City, CA 90710
- $2,350,000
- 23
- BD
- 16
- BA
- 10,620
- SqFt
- Sold Price
- $2,350,000
- List Price
- $2,475,000
- Closing Date
- Oct 02, 2025
- Status
- CLOSED
- MLS#
- 25543933
- Year Built
- 1961
- Bedrooms
- 23
- Bathrooms
- 16
- Living Sq. Ft
- 10,620
- Lot Size
- 11,804
- Acres
- 0.27
- Days on Market
- 0
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
We are pleased to present our newest exclusive offering at 1615 W Lomita Blvd, a value-add multifamily opportunity in Harbor City. Hitting the market for the first time in 44 years, this property offers investors an exceptional combination of low basis on both price-per-unit and price-per-foot, with significant room to unlock upside. The asset features a diverse unit mix of studios, 1-bedrooms, 2-bedrooms, and 3-bedrooms, catering to a wide tenant demographic. With an estimated 60% upside in rents, this property is ideal for investors seeking to reposition a well-located building with strong fundamentals and long-term appreciation potential. Don't miss this rare chance to acquire a stabilized asset with built-in value and upside. For more information, please reach out.
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Additional Information
- Appliances
- Refrigerator
- Heat
- Wall Furnace
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 14
Listing courtesy of Listing Agent: (jweir@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Listing sold by Kelly Morgan from Houze Real Estate Management
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.