Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 25907 Oak Street, a 23-unit multifamily investment property located in Lomita, CA. 25907 Oak Street consists exclusively of two-bedroom townhomes and offers desirable amenities including garage and surface parking, on-site laundry, private patios, and gated access. Additionally, the property presents an opportunity to add one accessory dwelling unit (ADU) to further increase rental income. 25907 Oak Street is within 1 mile of Rolling Hills Plaza, providing residents with convenient access to a plethora of retail, dining, and entertainment options. The property is just over 1 mile from Ken Malloy Harbor Regional Park, one of the largest parks in all of Los Angeles County, which gives residents the opportunity to enjoy numerous outdoor activities. 25907 Oak Street benefits from its location 1.80 miles away from Los Angeles Harbor College, a major economic and housing driver for the area. Pacific Coast Highway and Western Avenue’s close proximity to the property allow residents easy access to employment hubs throughout Los Angeles and Orange Counties. The average household income in Lomita is projected to grow by 15.88 percent to $115,912 by 2026. Additionally, 53.02 percent of households in Lomita are renter occupied. Given the strength of the overall apartment market within the city of Lomita and the demand for well-located apartments, 25907 Oak Street is well-suited to provide investors with strong returns and value appreciation over the long term investment horizon.