2016 248th Street Lomita, CA 90717
Listing Courtesy of: CRMLS / Vista Sotheby's International Realty / Tiana Capper / Gerard Bisignano - Contact:  310-503-2377

  2016 248th Street Lomita, CA 90717

Active (19 Days)
$998,000 (USD)

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.

MLS #:
SB26076442
Lot Size
4,883 SQFT
Type
Multifamily
Year Built
1925
County
Los Angeles County

Listed By

Tiana Capper, DRE #01991771 CA, Vista Sotheby's International Realty, Contact: 310-503-2377
Gerard Bisignano, DRE #01116110 CA, Vista Sotheby's International Realty
Source
CRMLS
Last checked May 2 2026 at 4:58 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Inside
Lot Information
  • Back Yard
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Stories
  • 1
Additional Information: Vista | 310-503-2377
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {5/2/26 09:58} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.