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Listed by Tiana Capper, DRE #01991771 • Vista Sotheby's International Realty
$998,000
Est. payment /mo
4,883 Sqft Lot
Active
2016 248th ST Lomita, CA 90717
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26076442
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
Interior
Laundry Other
Exterior
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 7376021026
Special Listing Condition Not Applicable
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