10-Unit Apartment
New
For Sale
$3,500,000
25901 Viana Ave, Lomita, CA 90717
Apartments with sizable layouts occupy a residential cul-de-sac setting near shopping, dining, and entertainment.
Property Size8,032 SF
Price / SF$435.76
Days on Market4
Property Features for 25901 Viana Ave
General Information
Standard status
Active
Size
8,032 SF
Property subtype
Multifamily
Occupancy
100%
Additional Details
Cap Rate
4.31%
Road Access
Yes
Multifamily Units
10
Amenities
Prime Cul-de-Sac Location Adjacent to Rolling Hills Country Club — Situated on a quiet residential cul-de-sac, with the property backing directly to the exclusive Rolling Hills Country Club
Premier South Bay Location — Ideally situated just half a mile from Rolling Hills Plaza, offering convenient access to premier shopping, dining, entertainment, and everyday amenities
Large, Spacious Floor Plans — The property features 8,032 square feet of total building area, averaging approximately 803 square feet per unit
Long-Term Ownership — Offered for sale for the first time in 31 years, presenting a rare opportunity to acquire a long-held South Bay multifamily asset
Compelling Value-Add Opportunity — Opportunity to enhance cash flow through the implementation of a RUBS program, bringing existing rents to market levels, and renovating unit interiors as units naturally turn, providing multiple avenues for long-term NOI growth
Building Details
Building Size
8,032 SF
Units
10
Listed By:
Jon Weir · License #License(s): CA: 02038545
(424) 405-3855
Source:
Marcusmillichap
Added: Oct 4
Last Checked: Oct 5 at 3:11PM
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 Jon Weir
Investment Insights
Based on property information with market context.
This 10-unit apartment property contains approximately 8,032 square feet, with average unit size of about 803 square feet. It has remained under the same ownership for 31 years and is positioned on a residential cul-de-sac, with the property backing to Rolling Hills Country Club.
Rolling Hills Plaza is approximately half a mile away. The property is located in Lomita, within the South Bay area of Southern California.
Rolling Hills Plaza is approximately half a mile away. The property is located in Lomita, within the South Bay area of Southern California.
Key Highlights
- 10 apartments totaling approximately 8,032 square feet
- Average unit size is approximately 803 square feet
- Property backs to Rolling Hills Country Club
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,241
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,584,820
$2.6M
Cap Rate 7%
$1,846,300
$1.8M
Cap Rate 9%
$1,436,011
$1.4M
Market Conditions
NOI Build-Up for 8,032 SF
Gross rent
$255.4K $31.80/SF
− Vacancy
−$20.4K −$2.54/SF
EGI
$235.0K $29.26/SF
− OpEx
−$105.7K −$13.17/SF
NOI
$129.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,584,820
Cap Rate 7%
$1,846,300
Cap Rate 9%
$1,436,011
Alternative Uses
Best Use
Apartment 5plus
$1.85M
$1.62M – $2.15M
NOI $129,241 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.30M
$3.76M – $5.02M
NOI $301,021 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
10
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,546
Businesses Nearby
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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
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartments with sizable layouts occupy a residential cul-de-sac setting near shopping, dining, and entertainment.
Where is this apartment building located?
The property is located at 25901 Viana Ave Lomita, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 10 apartments totaling approximately 8,032 square feet; Average unit size is approximately 803 square feet; Property backs to Rolling Hills Country Club
