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26012 Narbonne AVE Lomita, CA 90717
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Key Details
Sold Price $1,560,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSB25029775
Year Built 1957
Lot Size 0.459 Acres
Property Sub-Type Triplex
Property Description
Discover a remarkable investment opportunity at 26012 Narbonne Ave, Lomita. This unique property features three units on a sprawling 20,007 sq. ft. lot, offering dual investment strategies: secure passive income with its existing structures or leverage its full potential as a builder's dream. Recent zoning changes potentially could allow for development of up to 40 units per acre, with the possibility to construct four stories reaching up to 60 feet in height. Perfectly situated in a prime South Lomita location, the property is just moments away from the new Rolling Hills Country Club and a mere two blocks south of Pacific Coast Highway, placing future developments in a highly desirable area. Don't miss out on this exceptional opportunity for both investors and builders!
Location
State CA
County Los Angeles
Area 121 - Lomita
Interior
Laundry Other
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable
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Bought with Anwer Khan