2016 248th Street, Lomita, CA 90717
- $998,000
- 3
- BD
- 2
- BA
- 1,800
- SqFt
List Agent Tiana Capper () Vista Sotheby’s International Realty; CoList ()
- List Price
- $998,000
- Status
- ACTIVE
- MLS#
- SB26085551
- Year Built
- 1925
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 1,800
- Lot Size
- 4,883
- Lot Location
- Back Yard
- Days on Market
- 101
- Property Type
- Single Family Residential
- Property Sub Type
- Duplex
- Stories
- One Level
Property Description
Upgraded duplex in a high-demand Lomita pocket with strong income and future upside. Originally built in 1927 and relocated from downtown Los Angeles during the construction of the 110 Freeway, the property carries a distinctive architectural profile paired with modern improvements. Both units have been updated with new flooring, all new appliances, new kitchens/ bathrooms and a new roof, reducing near-term capital expenditure. Each unit includes a private yard with mature fruit trees and additional value-add potential, including ADU feasibility (buyer to verify). Unit 1: 1 bedroom plus tandem pass-through room with closet, suitable for a second bedroom or office; currently leased month-to-month at $2,900. Unit 2: 1 bedroom; occupant is paying below-market rent and can vacate within 60 days after close of escrow, creating immediate repositioning opportunity. Both units feature defined living and dining areas along with washer/dryer hookups. The asset is straightforward to lease and aligns with current rental demand metrics in the submarket. Subject to inspection. Listing agent is a partial owner. Buyer to independently verify all information.
Additional Information
- Pool Description
- None
- Cooling Description
- None
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- School District
- Los Angeles Unified
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.