About 1615 Lomita Boulevard
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.
Features of 1615 Lomita Boulevard
| MLS® # | 25543933 |
|---|---|
| Price | $2,475,000 |
| Sold Price | $2,350,000 |
| Bedrooms | 8 |
| Bathrooms | 6.00 |
| Square Footage | 10,620 |
| Lot Sqft | 11,804 |
| Acres | 0.27 |
| Year Built | 1961 |
| Type | Residential Income |
| Status | Closed |
| # Of Units | 14 |
Community Information
| Address | 1615 Lomita Boulevard |
|---|---|
| Area | 124 - Harbor City |
| City | Harbor City |
| County | Los Angeles |
| Zip Code | 90710 |
Amenities
| Parking Spaces | 14 |
|---|---|
| Parking | Door-Multi, Door-Single, Garage, Uncovered |
| Garages | Door-Multi, Door-Single, Garage, Uncovered |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Refrigerator |
|---|---|
| Heating | Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | May 23rd, 2025 |
|---|---|
| Date Sold | October 2nd, 2025 |
| Days on Market | 73 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Marcus & Millichap |
|---|