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2016 248th Street, Lomita, CA 90717

$898K0ba · 1,800 sqft
Lot 4,883 sqft•Duplex•
Active
•47d on market•MLS# SB-26185561

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

Features & Amenities

FeeBuilt 1925

Property Details

Land Type
Fee
Year Built
1925
Property Type
Residential Income
Property Subtype
Duplex
Parking Spaces
0
Garage Spaces
0
City
Lomita
Zip Code
90717
County
Los Angeles
Listed byVista Sotheby’s International Realty, Gerard Bisignano

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,540.78
Principal & Interest
Loan Amount
$718,400
Total Interest
$916,280
Total Payment Over 30 Years
$1,634,680
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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