Freestanding Triplex with Private
1803 254th St, Lomita, CA 90717
For Sale
$1,349,000
Three independent residences feature updated kitchens, dual-pane windows, separate entries, and dedicated garage parking.
Property Size3,122 SF
Days on Market54
Property Features for 1803 254th St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Amenities
private gated yard
updated kitchens
dual-pane windows
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Estate Properties
Listed By:
Jenny Yamada-Clayton · License #00891965
(310) 251-3445
Source:
Elliman
Added: Sep 15
Changed: Nov 6
Last Checked: Nov 6 at 9:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Estate Properties
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Investment Insights
Based on property information with market context.
Located at 1803 254th St in Lomita, this triplex was built in 1954 and consists of three freestanding residences without shared walls. The unit mix includes one 3-bedroom, 1-bath home and two 2-bedroom, 1-bath homes, providing distinct layouts within one multifamily property.
The front residence has an attached 2-car garage with direct access, while each rear residence includes a detached one-car garage. All three homes have private gated yards and individual entrances. Updated kitchens and dual-pane windows are installed throughout. The property is near shopping, dining, and freeways, with a walk score of 76, a bike score of 34, and a transit score of 36.
The front residence has an attached 2-car garage with direct access, while each rear residence includes a detached one-car garage. All three homes have private gated yards and individual entrances. Updated kitchens and dual-pane windows are installed throughout. The property is near shopping, dining, and freeways, with a walk score of 76, a bike score of 34, and a transit score of 36.
Key Highlights
- Three freestanding homes with no shared walls
- Unit mix includes one 3‑bedroom, 1‑bath home and two 2‑bedroom, 1‑bath homes
- Front residence has an attached 2‑car garage with direct access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,521
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,420
$1.1M
Cap Rate 7%
$778,871
$778.9K
Cap Rate 9%
$605,789
$605.8K
Market Conditions
NOI Build-Up for 3,122 SF
Gross rent
$84.3K $27.00/SF
− Vacancy
−$6.4K −$2.05/SF
EGI
$77.9K $24.95/SF
− OpEx
−$23.4K −$7.48/SF
NOI
$54.5K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,420
Cap Rate 7%
$778,871
Cap Rate 9%
$605,789
Alternative Uses
Best Use
Multifamily LT 5
$778.9K
$681.5K – $908.7K
NOI $54,521 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$717.6K
$627.9K – $837.3K
NOI $50,235 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,005 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,174
Businesses Nearby
Explore this area
Business Placement
Demographics for 90717, CA
22,044
Population
8,199
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
11,022
Density / Sq Mi
$92,984
Median Household Income
$48,740
Median Earnings
$1,874
Median Rent
$793,600
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Los Angeles County, CA
Properties on Market for Triplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three independent residences feature updated kitchens, dual-pane windows, separate entries, and dedicated garage parking.
Where is this triplex located?
The property is located at 1803 254th St Lomita, CA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Three freestanding homes with no shared walls; Unit mix includes one 3‑bedroom, 1‑bath home and two 2‑bedroom, 1‑bath homes; Front residence has an attached 2‑car garage with direct access
