24676 Woodward Avenue, Lomita, California 90717, Lomita, 90717 - 0 bed, 0 bath
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Lomita, California 90717
Analysis of 24676 Woodward Avenue, Lomita, California 90717 is currently available with a list price of $2,800,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lomita Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This is a brand-new construction project completed in 2026. The property features modern white shaker cabinets, new stainless steel appliances, central HVAC, and updated electrical systems across all units. It is in mint, move-in-ready condition with no maintenance required.
Completed in 2026, this quadruplex features modern finishes, brand-new systems, and central HVAC, allowing for immediate market-rate leasing with zero deferred maintenance.
The property offers a rare configuration featuring a large 1,500 SF 4-bedroom front house paired with three 2-bedroom units, appealing to a wide range of tenant profiles and maximizing rental income.
The over 9,000 square foot lot is fully gated and provides significant parking capacity with convenient alley access, a premium feature for multi-unit residential properties.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4000, other record living area = 1846.
While gas and electric are separately metered, the entire complex relies on a single water meter, which complicates utility pass-throughs and increases owner-paid expenses.
At a $2.8 million list price, the property represents a high entry point for the Lomita area, which may challenge investors seeking high initial cap rates compared to older, value-add opportunities.
24676 Woodward Ave, Great Live and Rent Four Units property, 10 bedrooms and 8 bathrooms almost 4000 square foot of living space on over 9000 square foot lot. Front house approx 1500 SF with 4 bedrooms and 2 bathrooms, and 3 more units with 2 bedrooms and 2 bathrooms and approx 800 SF each. Construction just finished and all units are vacant. White Shaker cabinets, Central Heat and Air, Recessed lighting, high ceiling, and Fully Landscaped. Original house was built in 1927 and about few hundred SF. Main house equipped with Gas and Electric while the other units are All Electric. 600 AMP Electric Panel, each unit with separately metered plus a house panel and just one water meter for all. Property fully gated and with plenty of parking spaces with access from alley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,000 | 1,902 | 80% |
| Lot Size | 9,232 | 8,981 | 60% |
| Price | $2.80M | $1.06M | 80% |
| Price per sq ft | $700 | $567 | 60% |
| Built year | 2026 | 1959 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 128 | 20% |
May 14, 2026
$2,800,000
Initial Listing
Aug 8, 2023
$760,000
Public Record