About 1625 Lomita
First time on the market in 37 years! This 8-unit apartment complex offers investors a classic bread-and-butter income property in a strong rental location near Kaiser Permanente South Bay Medical Center and adjacent to the desirable, affluent South Bay communities of Lomita and Rancho Palos Verdes. The property’s strategic location provides consistent rental demand with easy access to major freeways, beaches, shopping, dining, and major employment centers throughout the South Bay and Harbor Area. The property features an optimal mix of one- and two-bedroom units with substantial, nearly 45% upside in rental income as units turn over. Additional features include on-site laundry with leased equipment and open parking in the rear of the building.
Features of 1625 Lomita
| MLS® # | SB26101504 |
|---|---|
| Price | $1,480,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Acres | 0.14 |
| Year Built | 1958 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active Under Contract |
Community Information
| Address | 1625 Lomita |
|---|---|
| Area | 124 - Harbor City |
| City | Harbor City |
| County | Los Angeles |
| Zip Code | 90710 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Rectangular Lot, Walkstreet |
|---|
Additional Information
| Date Listed | May 9th, 2026 |
|---|---|
| Days on Market | 48 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Olga Wright |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |