Lomita, CA 90717,2016 248th ST
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Lomita, CA 90717,2016 248th ST
Lomita, CA 90717,2016 248th ST
Lomita, CA 90717,2016 248th ST
Lomita, CA 90717,2016 248th ST

$735,000

Est. payment /mo

$750,000

2.0%
Est.Price: ?

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2016 248th ST Lomita, CA 90717

1,638 SqFt

SOLD DATE : 01/26/2022

Key Details

Sold Price $735,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,638 sqft

Price per Sqft $448

MLS Listing ID SB21245456

Sold Date 01/26/22

HOA Y/N No

Year Built 1925

Lot Size 4,883 Sqft

Acres 0.1121

Property Description

Bring your hammer, paint brush and cash-in. There is a huge value added opportunity in this classic 1920’s built Lomita duplex. Well located in a high demand rental area close to transit, these units will rarely be vacant and earn top dollar rents. With Ample sized units and ample lot, they should provide a steady income stream year after year. These units will rarely be vacant and will earn top dollar rents. This property needs some work and is a bit of a fixer. The First unit) 2 bedrooms (tandem) & 1 bath. Second unit) 1 bedroom and 1 bath. This property is desirable for both an owner occupied or as an investment rental property. There are some cool features about this craftsman style Duplex. It has many original doors and moldings, side by side porches with pillars, and that cool 1920's vibe. In the back yard there is a nice size Avocado tree, Fig tree and what looks like a LoQuat tree in a good size back yard with a patio off the back doors of both units.

Location

State CA

County Los Angeles

Area 121 - Lomita

Zoning LOR1*

Rooms

Ensuite Laundry Laundry Closet

Interior

Laundry Location Laundry Closet

Fireplace No

Laundry Laundry Closet

Exterior

Pool None

Community Features Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard, Garden

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7376021026

Acceptable Financing Cash, Conventional, FHA, Submit, VA Loan

Listing Terms Cash, Conventional, FHA, Submit, VA Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Keith Brabec • Century 21 Union Realty
Bought with Gerard Bisignano • Vista Sotheby’s International Realty

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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