$898,000
 $4,821 est/mo Sourced by Back At You

2016 248th Street,Lomita, CA 90717

Lomita, CA 90717

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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.

Details

MLS #SB26185589
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1925
Days On Site30
Listing Provided ByVista Sotheby's International Realty | Gerard Bisignano

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,800
Story(s)1
Units2
ZoningLOR1*
Acreage0.11
Property ViewNone

Interior

CoolingNone
Cooling Yes / NoNo
Fireplace Yes / NoNo

Exterior

Lot FeaturesBack Yard

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs

Area Information

StateCA
CountyLos Angeles
CityLomita
Zip Code90717
Area121 Lomita
Listing VS Median (in 90717)
Price:
$898,000
low | high
Med:
$725,000
69.265033407572% of Average
sqft:
1,800
low | high
Med:
1,224
82% of Average
$ / sqft:
$499
low | high
Med:
$592
31.272107952312% of Average
On site:
30
low | high
Med:
9
100% of Average
Sourced by Back At You

Market Activity 90717

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Additional Information

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Contact

Learn More About This Property

Ray Lago

Ray Lago

Desert Lifestyle Properties

02007780 (714) 317-6144raythedesertrealtor@gmail.com
StateCA
CountyLos Angeles
CityLomita
Zip Code90717
Area121 Lomita
Listing VS Median (in 90717)
Price:
$898,000
low | high
Med:
$725,000
69.265033407572% of Average
sqft:
1,800
low | high
Med:
1,224
82% of Average
$ / sqft:
$499
low | high
Med:
$592
31.272107952312% of Average
On site:
30
low | high
Med:
9
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $673K - $1.122M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
2016 248th Street Property Photo 1
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2016 248th Street
Lomita, CA 90717
2016 248th Street Property Photo 1
$898,000
2016 248th Street
Lomita, CA 90717
25003 Andreo Property Photo 1
$6,000
25003 Andreo
Lomita, CA 90717
Listing Updated: September 13, 2026 at 12:44:58 PM PDT