$1,480,000
1625 Lomita, Harbor City CA 90710
Multi-Family (8 Units)
Property type
24 days
On market
$310
Price per sqft
0 cars
Garage
1958
Year built
5,901 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Olga Wright DRE #01315042 310-606-2076, Lyon Stahl Investment Real Estate, Inc.
Listing updated: May 13, 2026 at 07:38am.
Last checked: Jun 5, 2026 at 01:00pm
Source: CRMLS #SB26101504
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 2 | 1 | — | $1,510 | $6,039 | $11,200 | Unfurnished |
| 4 | 0 | 1 | — | $1,145 | $4,580 | $7,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 9
Separate Gas Meters: 9
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
11.6x
List Price / Annual Gross Rent
Cap Rate
5.3%
NOI / List Price
Gross Scheduled Income: $128,111
Vacancy Allowance Rate: 0%
Operating Expense: $43,766
Net Operating Income: $84,345
Annual Operating Expenses
Electric: $0
Gardener: $1,200
Fuel: $1,064
Insurance: $5,400
New Taxes: $17,464
Professional Management: $0
Trash: $5,408
Water / Sewer: $7,944
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Rectangular Lot, Walkstreet
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7439025024
Additional Parcels: No
Tax Lot: 6
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks, Urban
Nearby Schools
Nearby schools around the 1625 Lomita, Harbor City, CA 90710. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,184,000
Total Interest
$1,510,127
Total Payment
$2,694,127
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,175
per month
Property History for 1625 Lomita
Harbor City Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90710.
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