25901 Viana Avenue, Lomita, CA 90717

$3,500,000
18
BD
11
BA
8,032
SqFt

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List Price
$3,500,000
Status
ACTIVE
MLS#
26995443
Year Built
1962
Bedrooms
18
Bathrooms
11
Living Sq. Ft
8,032
Lot Size
11,089
Acres
0.25
Days on Market
3
Property Type
Multifamily
Stories
Two Levels

Property Description

We are pleased to present 25901 Viana Avenue, a well-located multifamily investment opportunity in the heart of the South Bay. Situated on a quiet residential cul-de-sac, the property backs directly to the exclusive Rolling Hills Country Club and is located just half a mile from Rolling Hills Plaza, providing residents convenient access to shopping, dining, entertainment, and everyday amenities.The property consists of 10 units totaling approximately 8,032 square feet, providing spacious floor plans that average approximately 803 square feet per unit. Having remained under the same ownership for 31 years, the offering represents a rare opportunity to acquire a long-held multifamily asset in a highly desirable South Bay location. 25901 Viana Avenue offers investors a compelling value-add opportunity with multiple avenues to drive NOI growth. A new owner can implement a RUBS program to recover utility expenses, increase existing rents toward market levels, and strategically renovate unit interiors as they naturally turn. This approach provides the opportunity to improve operating performance over time while minimizing the need for an extensive upfront renovation program. With its desirable South Bay location, large floor plans, long-term ownership history, and clearly defined value-add strategy, 25901 Viana Avenue presents an attractive opportunity to acquire and reposition a well-located multifamily asset in one of Southern California's most sought-after rental markets.

Additional Information

Appliances
Disposal, Refrigerator
Heat
Wall Furnace
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
10

Listing courtesy of Listing Agent: (jweir@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.