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.
For sale
$2,475,000
1615 Lomita Blvd, Harbor City, CA 90710
23beds
16baths
10,620sqft
Est.:
Multi Family
Built in 1961
-- sqft lot
$2,415,700 Zestimate®
$233/sqft
$-- HOA
What's special
- 43 days
- on Zillow |
- 135 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: May 30, 2025 at 05:06pm
Listed by:
Jonathan Weir DRE # 02038545 707-225-2402,
Marcus & Millichap 424-405-3900
Source: CLAW,MLS#: 25543933

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 23
- Bathrooms: 16
Heating
- Wall
Cooling
- None
Appliances
- Included: Range/Oven, Refrigerator
Interior area
- Total structure area: 10,620
- Total interior livable area: 10,620 sqft
Property
Parking
- Total spaces: 14
- Parking features: Open, Garage - 2 Car, Garage - 1 Car
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.27 Acres
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1961
Community & HOA
Location
- Region: Harbor City
Financial & listing details
- Price per square foot: $233/sqft
- Tax assessed value: $847,484
- Date on market: 5/27/2025
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