






$898,000
3 bd · 2 ba · 1,800 sqft · 4,883 sqft lot
2016 248th St, Lomita, CA 90717
Multi-family · Built 1925 · $499/sqft ·
$5,500/mo est. payment
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.
Alexander Fleming Middle School
middle · 6-8 · 0.4 mi
Nathaniel Narbonne Senior High School
high · 9-12 · 0.6 mi
President Avenue Elementary School
elementary · K-6 · 0.8 mi
Coastal Academy
elementary · K-12 · 0.5 mi
Lomita Math/Science/Technology Magnet School
elementary · K-5 · 0.4 mi
St. Margaret Mary Alacoque
elementary · K-8 · 0.5 mi
$881,900
Listed by Gerard Bisignano · Vista Sotheby's International Realty · CRMLS





















