2016 248th ST, Lomita, CA 90717
2016 248th ST, Lomita, CA 90717
2016 248th ST, Lomita, CA 90717
2016 248th ST, Lomita, CA 90717
2016 248th ST, Lomita, CA 90717
2016 248th ST, Lomita, CA 90717
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Vikas Shah

Vikas Shah

+1(408) 650-3463
Listed by Gerard Bisignano, DRE #01116110 • Vista Sotheby's International Realty
$ 898,000
Est. payment | /mo

3 Beds

2 Baths

1,800 SqFt

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$ 898,000
Est. payment | /mo
Save Virtual Tour

3 Beds

2 Baths

1,800 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $498

MLS Listing ID CRSB26185589

Bedrooms 3

Full Baths 2

Year Built 1925

Lot Size 4,883 Sqft

Property Sub-Type Duplex

Source California Regional MLS

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.

Location

State CA

County Los Angeles

Area 121 - Lomita

Zoning LOR1*

Interior

Cooling None

Fireplaces Type None

Laundry Other

Exterior

Pool None

View None

Building

Story One Story

Water District - Public

Others

Tax ID 7376021026

Special Listing Condition Not Applicable

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Vikas Shah

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(408) 650-3463

vikas@findbayhomes.com

2445 Augustine Dr, Santa Clara, CA 95054, USA

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2016 248th ST