2016 248th Street, Lomita, CA 90717

Lomita
Local realty services provided by:ERA Excel Realty
2016 248th Street,Lomita, CA 90717
$998,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,800 sq. ft.
  • Multi-family
  • Active
Listed by: tiana capper, gerard bisignano
Office: vista sothebys international realty310-546-7611
MLS#:SB26076442
Source:CRMLS

Price summary

  • Price:$998,000
  • Price per sq. ft.:$554.44

About this home

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...

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Home facts

  • Year built:1925
  • Listing ID #:SB26076442
  • Added:66 day(s) ago
  • Updated:June 19, 2026 at 10:54 AM

Rooms and interior

  • Living area:1,800 sq. ft.

Structure and exterior

  • Year built:1925
  • Building area:1,800 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Back Yard
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$998,000
  • Price per sq. ft.:$554.44

Features and amenities

  • Laundry features:Inside
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