Major price revision, 5 unit apartment building in Lomita! Prime South Bay market where multifamily properties rarely become available. Well located just North of Pacific Coast Highway in-between Eshelman Avenue and Western Avenue. Wrap-around corner lot with highly sought after layout: (1) front detached house (950 s.f.) with (4) 1 bedroom/1 bath units in the rear (500 s.f. each). Features newer roofs and new individual water heaters for each unit. The house was taken down to the studs and updated/remodeled (2005). 1 of 4 apartment units have been rehabbed (2020). Apartment tenants receive a storage locker 5 x 7 included in their rent located in the parking area and there is an additional structure attached to the rear of the building generating additional monthly storage income. Steady day 1 cash flow + significant rental upside: 5.09% cap rate, 6.45% proforma.
Sold for $1,130,000
Listed by: Avenue Realty Group • John Mociak • Contact: 310-872-0963
Bought with: Century 21 Coastal Properties
Tax assessed value
$1,130,000
25719 Walnut St, Lomita, CA 90717
5beds
--baths
2,954sqft
Multi Family
Built in 1946
-- sqft lot
$-- Zestimate®
$383/sqft
$4,976 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,976/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
John Mociak DRE #01708711 310-872-0963,
Avenue Realty Group
Bought with:
Angela Hu, DRE #02051400
Century 21 Coastal Properties
Source: CRMLS,MLS#: SB24039682
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,954
- Total interior livable area: 2,954 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage, Carport
- Garage spaces: 1
- Carport spaces: 2
- Covered spaces: 3
- Uncovered spaces: 3
Features
- Levels: One,Two
- Stories: 1
- Entry location: 3
- Pool features: None
Lot
- Size: 5,331 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7375021005
- Zoning: LOCG*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Storm Drain(s), Street Lights, Suburban, Sidewalks, Urban
Location
- Region: Lomita
Financial & listing details
- Price per square foot: $383/sqft
- Tax assessed value: $1,130,000
- Annual tax amount: $13,747
- Date on market: 2/27/2024
- Cumulative days on market: 137 days
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 7725
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Listing removed | $3,450$1/sqft |
Source: CRMLS #SB25281242 Report a problem | ||
| 1/28/2026 | Price change | $3,450-6.8%$1/sqft |
Source: CRMLS #SB25281242 Report a problem | ||
| 12/31/2025 | Listed for rent | $3,700+72.1%$1/sqft |
Source: CRMLS #SB25281242 Report a problem | ||
| 2/9/2025 | Listing removed | $2,150$1/sqft |
Source: CRMLS #SB25018202 Report a problem | ||
| 1/26/2025 | Listed for rent | $2,150$1/sqft |
Source: CRMLS #SB25018202 Report a problem | ||
| 8/16/2024 | Sold | $1,130,000-3%$383/sqft |
Source:  CRMLS #SB24039682 Report a problem | ||
| 7/31/2024 | Pending sale | $1,165,000$394/sqft |
Source: CRMLS #SB24039682 Report a problem | ||
| 7/14/2024 | Contingent | $1,165,000$394/sqft |
Source: CRMLS #SB24039682 Report a problem | ||
| 4/30/2024 | Price change | $1,165,000-8.3%$394/sqft |
Source: CRMLS #SB24039682 Report a problem | ||
| 2/27/2024 | Listed for sale | $1,270,000+8.1%$430/sqft |
Source: CRMLS #SB24039682 Report a problem | ||
| 8/12/2021 | Sold | $1,175,000+250.7%$398/sqft |
Source: Public Record Report a problem | ||
| 9/3/2002 | Sold | $335,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,374 -5.4% | $1,130,000 -7.6% |
| 2024 | $16,253 +1.7% | $1,222,470 +2% |
| 2023 | $15,976 +4.9% | $1,198,500 +2% |
| 2022 | $15,229 +120.2% | $1,175,000 +162.1% |
| 2021 | $6,915 -0.6% | $448,226 +1% |
| 2020 | $6,959 | $443,631 +2% |
| 2019 | $6,959 +5.5% | $434,933 +2% |
| 2018 | $6,597 | $426,406 +2% |
| 2017 | $6,597 +2.5% | $418,046 +2% |
| 2016 | $6,434 +3.6% | $409,850 +1.5% |
| 2015 | $6,209 +1.1% | $403,695 +2% |
| 2014 | $6,141 | $395,788 +4.5% |
| 2011 | -- | $378,703 +0.8% |
| 2010 | -- | $375,874 -0.2% |
| 2009 | -- | $376,768 +2% |
| 2008 | -- | $369,381 +4% |
| 2005 | -- | $355,039 +4% |
| 2004 | -- | $341,254 +1.9% |
| 2003 | -- | $335,000 -6.7% |
| 2002 | -- | $359,102 +4% |
| 2000 | -- | $345,160 |
Find assessor info on the county website
Neighborhood: 90717
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Nearby schools
GreatSchools rating
- 5/10Eshelman Avenue Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Alexander Fleming Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Nathaniel Narbonne Senior High SchoolGrades: 9-12Distance: 1 mi
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- California
- Los Angeles County
- Lomita
- 90717
- 25719 Walnut St
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