2016 248th Street, Lomita, CA 90717 (MLS # SB26185589)
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.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
11/13/2026
|
|
YEAR BUILT
|
1925
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Condo/Townhouse/Co-Op
|
|
Prior to Nov 13, '26
|
$898,000
|
| Nov 13, '26 - Today |
$849,000 |
| LOT |
4883 sq ft |
| LOT DIMENSIONS |
4,000-7,499 SF |
| SEWER |
Public Sewer |
| STORIES |
1 |
| WATER |
Public |
Listed with Vista Sotheby’s International Realty
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Properties on this website was last updated as recently as 11/14/26 3:10 PM PST.
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