Back 1615 Lomita Boulevard
Off Market

1615 Lomita Boulevard

Los Angeles CA 90710

23
16
14
10620 sq. ft.
11804 sq. ft.
Other
Last sold for $2,350,000
Jonathan WeirJonathan Weir, last sold this property on 02 October 2025 after 127 days on market.

Overview

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

23 bedrooms
16 bathrooms
14 carspaces
10620 sq. ft. floor area
11804 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 23 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 1615 Lomita Boulevard

2025
Sold
$2,350,000
02 Oct 2025 by Jonathan Weir, of Marcus & Millichap

Happy sellers in Los Angeles

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Local market activity for 23 bedroom other properties in Los Angeles

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