2016 248th ST Lomita CA 90717 | MLS #SB26185561

There are multiple listings for this address:
2016 248th ST
Lomita, CA, 90717
$898,000
Beds
0 Baths
0 SqFt
0.11 Acres
Add
MLS #SB26185561 image #0
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

Price:
$898,000
MLS #:
SB26185561
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
121lomita
Listed Date:
Aug 25, 2026
Total Sq Ft:
1,800
Lot Size:
4,883 sqft / 0.11 acres (approx)
Year Built:
1925
121 – Lomita121lomita

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Schools

Interior

Laundry Features
IN
Levels
A

Exterior

Common Walls
_1CW
Community Features
CRB

Financial

Net Operating Income
$37,200

Map

Community

Subdivisions in Lomita

Market Summary

Current real estate data for Single Family in Lomita as of Sep 28, 2026
41
Single Family Listed
58
Avg DOM
321
Avg $ / SqFt
$487,855
Avg List Price

Property Summary

    2016 248th ST Lomita CA is a Single Family for sale in Lomita, CA, 90717. It is listed for $898,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1925. The average price per square foot for Single Family listings in Lomita is $321. The average listing price for Single Family in Lomita is $487,855. To schedule a showing of MLS#sb26185561 at 2016 248th ST in Lomita, CA, contact your Compass agent at 310.409.7242.

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2016 248th ST
Lomita, CA
2016 248th ST
Lomita, CA, 90717
$898,000
3 Beds
2 Baths
1,800 SqFt
0.11 Acres
Add
MLS #SB26185589 image #0
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

Price:
$898,000
MLS #:
SB26185589
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Duplex
Neighborhood:
121lomita
Listed Date:
Aug 25, 2026
Finished Sq Ft:
1,800
Total Sq Ft:
1,800
Lot Size:
4,883 sqft / 0.11 acres (approx)
Year Built:
1925
121 – Lomita121lomita

Ask a Question

See this Listing

Send
  

Schools

Interior

Laundry Features
IN
Levels
A

Exterior

Common Walls
_1CW
Community Features
CRB

Financial

Net Operating Income
$37,200

Map

Community

Subdivisions in Lomita

Market Summary

Current real estate data for Single Family in Lomita as of Sep 28, 2026
41
Single Family Listed
58
Avg DOM
321
Avg $ / SqFt
$487,855
Avg List Price

Property Summary

    2016 248th ST Lomita CA is a Single Family for sale in Lomita, CA, 90717. It is listed for $898,000 and features 3 beds, 2 baths, and has approximately 1,800 square feet of living space, and was originally constructed in 1925. The current price per square foot is $499. The average price per square foot for Single Family listings in Lomita is $321. The average listing price for Single Family in Lomita is $487,855. To schedule a showing of MLS#sb26185589 at 2016 248th ST in Lomita, CA, contact your Compass agent at 310.409.7242.

Similar Listings Nearby

broker reciprocity
MLS# SB26099702broker reciprocity
2610 Dalemead
Torrance, CA

$1,150,000

1.2 miles away

broker reciprocity
MLS# 26992241broker reciprocity
23546 Ladeene AV
Torrance, CA

$1,150,000

2.5 miles away

broker reciprocity
MLS# OC26183445broker reciprocity
1632 W 221st
Torrance, CA

$1,149,000

2.0 miles away

broker reciprocity
MLS# PW26184674broker reciprocity
29417 N Enrose AV
Rancho Palos Verdes, CA

$1,145,000

3.3 miles away

broker reciprocity
MLS# DW26169278broker reciprocity
24659 Moon
Lomita, CA

$1,100,000

0.4 miles away

broker reciprocity
MLS# OC26113980broker reciprocity
1542 W 223rd
Los Angeles, CA

$1,100,000

1.8 miles away

broker reciprocity
MLS# 26986159broker reciprocity
1334 W 17th ST
Los Angeles, CA

$1,100,000

4.8 miles away

broker reciprocity
MLS# 26946491broker reciprocity
18515 Doty AV
Torrance, CA

$1,100,000

4.6 miles away

broker reciprocity
MLS# WS25145794broker reciprocity
21125 Normandie AV
Torrance, CA

$1,099,000

2.8 miles away