
Lomita, California 90717
This Triplex Residential Income Asset represents a High-Potential Investment Opportunity, listed at a List Price of $1,100,000—positioned well above the $1,014,470 Fair Market Value. While the property requires capital for modernization due to its Condition Rating of 4, the Triple-Unit Configuration provides immediate rental yield potential. The site offers a versatile layout for those seeking to maximize cash flow in a high-demand commuter corridor. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage house-hacking strategies in the South Bay.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24659 Moon Subject | $1,100,000* List Price | 0 | 0 | 1,896 | $535 | - |
A 25545 Alliene Active Under Contract | $799,900 List Price | 3 | 2 | 1,379 | $580 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the structure dates back to 1921, the interior shows signs of a mid-life renovation approximately 15-20 years ago, including laminate flooring and white shaker-style kitchen cabinetry. The property is functional and income-generating but appears dated with visible wear on the exterior and older appliances, requiring cosmetic updates and general maintenance.
The property features three separate, individual homes on a single lot, providing superior privacy for tenants and high flexibility for owner-users compared to traditional multi-family apartment buildings.
With three distinct rental units and a 3-car garage, this property is positioned for high rental yield and offers an ideal house-hacking opportunity in a high-demand South Bay rental market.
Centrally located in Lomita with rapid access to the 110 and 405 freeways and proximity to Pacific Coast Highway retail hubs, ensuring convenience for residents and consistent tenant demand.
Originally built in 1921, the structures may require significant ongoing maintenance or capital expenditures to update aging electrical, plumbing, and structural systems to modern standards.
With a total of 1,896 square feet divided among three separate residences, the individual units are relatively small, which may limit the tenant pool to individuals or small households.
Exceptional income-generating property featuring three separate, individual homes on one lot at 24659 Moon Ave in Lomita. Offering a combined total of 3 bedrooms, 3 bathrooms, and a 3-car garage, this unique setup is ideal for an investor seeking strong rental yield or an owner-user looking to live in one residence while collecting rent from the other two. Each home provides its own private living environment, versatile functional space, and low-maintenance multi-family living. Conveniently located in Lomita, this property offers direct access to schools, shopping, and major freeways. Local education options include Lomita Math/Science/Technology Magnet, Fleming Middle School, and HARTS Academy. Daily conveniences, dining, and retail centers are just minutes away along Pacific Coast Highway and surrounding South Bay shopping hubs. Commuters will appreciate fast access to the 110 and 405 freeways, making this a practical and versatile multi-unit opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 7.5 |
| Baths | 0.0 | 5.5 |
| Square foot | 1,896 | 2,842 |
| Lot Size | 7,052 | 8,426 |
| Price | $1.10M | $1.31M |
| Price per sq ft | $580 | $564 |
| Built year | 1921 | 1975 |
| HOA | $0 | $0 |
| Days on market | 35 | 187 |
Aug 5, 2026
$1,100,000
Initial Listing
Sep 1, 1999
$190,000
Public Record