2016 248th Street, Lomita, California 90717

  • $998,000
2016 248th Street, Lomita, CA 90717
Active
2016 248th Street, Lomita, California 90717
2016 248th Street, Lomita, CA 90717
  • $998,000

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.

  • Address 2016 248th Street
  • State/county CA
  • Zip/Postal Code 90717
  • Country US

Details

Updated on June 15, 2026 at 4:18 am
  • Property ID: SB26076442
  • Price: $998,000
  • Property Size: 1800 Sqft
  • Land Area: 0.1121 Acres
  • Year Built: 1925
  • Property Type: Duplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash to New Loan
  • Sewer: Public Sewer
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Curbs

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