Active

2016 248th Street

Lomita, CA 90717

$998,000 $4,207/Mo

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Overview

Bed

Bath

1,800

Sqft

4,883

Sqft(Lot)

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.

Property Details

Property Type : Residential Income

Price : $998,000

AD Id : 77024908

MLS Id : SB26076442

Beds : 3

Lot Size : 4,883 Sqft

Living Area Size : 1,800

Year Built : 1925

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Fireplace: None
Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1925 Building Area Total: 1,800
Pool Features

None

Laundry Features

Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1121
Lot Size Source: Assessor Lot Size Square Feet: 4883

Listing Price Information

Original List Price: 998,000 Listing Contract Date: 2026-04-09
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 7376021026

Rental Info

Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas,Telephone

Other Property Info

Source Listing Status: Active Source Neighborhood: 121 - Lomita Postal Code Plus 4: 1704 Directions: 248th and Eshelman Zoning: LOR1* Source Property Type: Residential Income Area: 121 - Lomita Property SubType: Duplex
Building and Construction

Property Age: 101 Common Walls: 1 Common Wall Structure Type: Duplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1826 257th, Lomita, CA, 90717	$899,900	5	3	1,800	1,800 SqFt
2016 248th Street, Lomita, CA, 90717	$998,000	3	2	1,800	1,800 SqFt
24676 Woodward Avenue, Lomita, CA, 90717	$2,800,000	10	8	4,000	4,000 SqFt
25545 Alliene, Lomita, CA, 90717	$799,900	3	2	1,379	1,379 SqFt

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1826 257th,
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2016 248th Street,
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ByOwner last updated this listing 06/14/2026 @ 08:43

MLS: SB26076442 LISTED BY: Tiana Capper, Vista Sotheby’s International Realty 310-546-7611 SOURCE: CRMLS