1712 252nd St Lomita CA 90717

$1,195,000 2Bed/1Bath 935 SF

Development project. Calling developers, builders and investors. Existing 2 Bed 1 Bath single family house (950sqft) on a 8500 sqft R2/R3 zoned lot in Lomita with the Plans and Permits approved for 2 story Duplex (each story to be around 1300 sqft, total Duplex 2600 sqft living area) and for an ADU (conversion of the garage) (ADU = 990sqft). After development you will have 3 structures - a Duplex, one SFR (existing) and an ADU, with combined living area to be 4540 sqft and with the value of at least $3mln (4540 x $650-$700 current market value per sqft in Lomita area). Please do not disturb the occupants. Will provide the property vacant and with RTI permits status at close of escrow. Property ready to start construction immediately, all prep work has been completed.