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.
Days on market: 8
Listing updated: May 31, 2025 - 12:29:05
Listed by: Jonathan Weir DRE #02038545 424-405-3900, Marcus & Millichap - Southwest Los Angeles
Source: Southwest Los Angeles, MLS#: CLW-X7515105 Originating MLS: CRMLS
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