$898,000

2016 248th Street, Lomita, CA 90717

  • 3 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4,883sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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

Listing Status:
Active
Date Added:
August 25, 2026
Data Last Updated:
October 8, 2026 at 8:12PM
Listing Office:
Vista Sotheby’s International Realty : 310-375-0583
Listing Agent:
Gerard Bisignano : 310-990-4727
MLS ID:
SB26185561
  • Pool: N/K
  • General: 1 Story
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Assessor7376021026
  • Source: California Regional MLS

This listing courtesy of Gerard Bisignano , Vista Sotheby’s International Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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