2016 248th Street, Lomita, CA 90717 - Photo 1 of 21, Lomita, CA
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$998,000

2016 248th Street, Lomita, CA 90717

3Beds
2Baths
0
4Days Listed

About This Property

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, appliances, 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.

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
3
Bathrooms
2
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Active
Days on Market
4
Cumulative Days on Market
1
Original Price
$998,000

Location & Neighborhood

What's nearby 2016 248th Street, Lomita, CA 90717

Nearby Schools

Parks & Recreation

Local Amenities

Dining

Coffee & Cafes

Pharmacy

POI data updated 4/13/2026

Lomita Market Snapshot

29

Active Listings

$729K

Median Price

64

Avg Days on Market

Last updated: Apr 13, 2026

Listed by

Tiana Capper, Vista Sotheby’s International Realty · 310-503-2377

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$998,000