24601 Pennsylvania Ave, Lomita, CA 90717
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24601 Pennsylvania Ave Lomita, CA 90717

$1,399,000
  • 6 Beds
  • 4 Baths
  • 2,831 Sq.Ft.
Back Up Offer
$1,399,000 Get Pre-Qualified

Map preview of 24601 Pennsylvania Ave, Lomita, CA 90717

Property Overview: 24601 Pennsylvania Ave Lomita, CA has 6 bedrooms, 4 bathrooms, 2,831 living square feet and 6,959 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Super clean 4 unit building Low maintance always rented. Would be great for an owner occupied Front unit has private enclosed front yard Each unit is seperately metered for electric and gas New washer and dryer 2 garages are vacant. Border of Southeast Torrance SELLER WILL CARRY THE PAPER WITH 25%. Down payment Call listing agent for details

Listed by Mike Baker | BRE #00934330 | RE/MAX Estate Properties
Last checked: 11 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 128

Home details

Lot Sq. Ft
6,959
HOA Dues
$0/mo
Year built
1958
Garage
4 Car
Property Type:
Fourplex
Status
Back Up Offer
MLS#
SB24080878
City
Lomita
County
Los Angeles
Time on Site
146 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,620
  • Total Rent: $1,670
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,925
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $80,340
  • Net Operating Income: $56,810
  • Gross Operating Income: --
  • Laundry Income: $1,500
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $23,530
  • Electric: $300
  • Gas/Fuel: $0
  • New Taxes: $15,939
  • Trash: $0
  • Gardener: $1,400
  • Insurance: $2,015
  • Maintenance: $1,776
  • Water/Sewer: $2,100

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Property Details for 24601 Pennsylvania Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Agricultural - Row/Crop, Landscaped, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7376002021
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Between PCH and Lomita Blvd
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Lomita Agent

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Sale History for 24601 Pennsylvania Ave

Last sold for $1,304,065 on April 8th, 2022
  • August, 2024

  • Aug 30, 2024

    Date

    Back Up Offer

    CRMLS: SB24080878

    $1,399,000

    Price

  • Apr 25, 2024

    Date

    Active

    CRMLS: SB24080878

    $1,449,000

    Price

  • April, 2022

  • Apr 8, 2022

    Date

    Sold

    CRMLS: PV22024905

    $1,304,065

    Price

  • Feb 15, 2022

    Date

    Active

    CRMLS: PV22024905

    $1,299,999

    Price

  • Listing provided courtesy of CRMLS

    Sharp, well-maintained Fourplex in Lomita – “The Friendly City”. The charming front unit has private, enclosed front yard, upgraded kitchen and bathroom with white vanity and tiled shower enclosure, gray vinyl wood plank flooring throughout, multiple closets, wired for sound and free (antennae) TV, and gated rear porch area. The 2 interior, 1 bedroom units have upgraded kitchens and bathrooms, dark wood laminate flooring, recessed lighting, tile floors, rain shower, mirrored wardrobes, vertical blinds & recessed lighting. Shared, on-site coin operated laundry room and 4 single car garages. Each unit is separately metered for water and gas. Highly sought-after rental area near the Border of Southeast Torrance, you are close to all amenities and less than 5 miles to beach.

  • January, 2011

  • Jan 11, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 24601 Pennsylvania Ave

Assessed Value (2020): $1,018,759
Year Land Value Improved Value Assessed Value
2020 $806,518 $212,241 $1,018,759

Home Value Compared to the Market

This property vs the competition

24601 Pennsylvania Ave is listed 71.66% higher than the median list price for the city of Lomita which has a median list price of $815,000. The median price per/sqft for Lomita is $584 and this home is listed at $494.17 per/sqft which puts the price per square foot 15.38% lower than the median price per square foot for the city of Lomita.

About 24601 Pennsylvania Ave

Detailed summary of property

24601 Pennsylvania Ave is a fourplex located in Lomita, CA 90717 and is currently in escrow to be sold. This fourplex offers 6 bedrooms, 4 bathrooms, roughly 2,831 living square feet, and sits on an approximately 6,959 square foot lot. 24601 Pennsylvania Ave was first listed on ArdentRealEstateGroup.com on April 25, 2024. The homeowner is currently asking $1,399,000 and was originally asking $1,449,000. The median priced home in Lomita is $815,000 with a median price per square foot of $584. Based on Ardent Real Estate Group's Lomita Market Data, this home is listed 71.66% higher than the median priced home. Local competing homes currently for sale include 2011 Cedar Ave, 332 W 9th St and 1021 Pacific Ave. While the average home in Lomita, CA is selling in 32 days, 24601 Pennsylvania Ave has a days on market of 128 days. There are currently 40 homes for sale in the Lomita real estate market and 26 of them are single family homes while 7 of them are condos and 7 are townhomes. For more information on this home for sale at 24601 Pennsylvania Ave Lomita, CA 90717 contact Ardent Real Estate Group and we will put you in touch with one of our Lomita agents.

Public Facts for 24601 Pennsylvania Ave

Public county record property details
Beds
6
Baths
4
Year built
1958
Sq. Ft.
2,831
Lot Size
6,985
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
72
APN
7376-002-021

The source for these homes facts are from public records.

90717 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$815,000
Median List Price/Sq.Ft.
$584
Median Sold Price
$810,000
Median Sold Price/Sq.Ft.
$455
Total Inventory
40
Median Sale to List Price %
102.54%
Avg Days on Market
20
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (42.86%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.