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Lomita, CA

$998,000

2016 248th Street, Lomita, CA
3
Beds
2
Baths
1,800
Sq Ft
1925
Built
55
Days listed

About this home

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.

Facts & features

Interior
Bedrooms
3
Bathrooms
2 full
Living area
1,800 sq ft
Fireplace
None
Cooling
None
Laundry
Inside
Levels
One
Exterior & lot
Lot size
0.112 acres (4,883 sq ft)
Pool
None
Year built
1925
Community
Area
121 - Lomita
County
Los Angeles
Community features
Curbs
Listing details
Status
Active
Property type
Duplex
Days on market
55
Listed
2026-04-10
Terms
Cash To New Loan
Parcel #
7376021026
MLS #
SB26085551
Listed by
Tiana Capper · Vista Sotheby’s International Realty

Location

Price history

Listed
$998,000 · 2026-04-10
Days on market
55
Current price
$998,000
Financing

Could this home be yours?

Estimated monthly payment
$6,261
$5,046 principal & interest · $1,214 taxes & insurance
$199,600
Estimate only
Loan $798,400

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Estimated value range nearby
$853,427$1,001,849

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Listing data provided by CRMLS

Listing courtesy of Vista Sotheby’s International Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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