2016 248th St Lomita, CA 90717
Lomita AreaEstimated payment $6,259/month
Highlights
- No HOA
- Back Yard
- 1-Story Property
- Living Room
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.
Listing Agent
Vista Sotheby’s International Realty Brokerage Phone: 310-503-2377 License #01991771 Listed on: 04/20/2026
Co-Listing Agent
Vista Sotheby’s International Realty Brokerage Phone: 310-503-2377 License #01116110
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 4,883 Sq Ft Lot
- 1 Common Wall
- Back Yard
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,800 Sq Ft Home
- 1-Story Property
- Living Room
- Laundry in unit
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 146
- Tax Tract Number 480
- Assessor Parcel Number 7376021026
- $712 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,042 | $779,987 | $636,724 | $143,263 |
| 2024 | $9,787 | $764,694 | $624,240 | $140,454 |
| 2023 | $9,618 | $749,700 | $612,000 | $137,700 |
| 2022 | $2,916 | $199,493 | $153,464 | $46,029 |
| 2021 | $2,878 | $195,582 | $150,455 | $45,127 |
| 2019 | $2,793 | $189,784 | $145,994 | $43,790 |
| 2018 | $2,707 | $186,064 | $143,132 | $42,932 |
| 2016 | $2,578 | $178,841 | $137,575 | $41,266 |
| 2015 | $2,537 | $176,156 | $135,509 | $40,647 |
| 2014 | $2,543 | $172,706 | $132,855 | $39,851 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/20/2026 04/20/26 | For Sale | $998,000 | +35.8% | $554 / Sq Ft | |
| 01/26/2022 01/26/22 | Sold | $735,000 | -2.0% | $438 / Sq Ft | View Prior Sale |
| 12/20/2021 12/20/21 | Pending | -- | -- | -- | |
| 11/25/2021 11/25/21 | For Sale | $750,000 | 0.0% | $446 / Sq Ft | |
| 11/19/2021 11/19/21 | Pending | -- | -- | -- | |
| 11/09/2021 11/09/21 | For Sale | $750,000 | -- | $446 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Priority Title | |
| Grant Deed | $735,000 | Priority Title | |
| Grant Deed | $120,000 | Fidelity National Title Ins | |
| Trustee Deed | $128,204 | Continental Lawyers Title Co | |
| Individual Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $477,750 | New Conventional | |
| Previous Owner | $594,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $546,000 | New Conventional | |
| Previous Owner | $102,000 | Unknown | |
| Previous Owner | $107,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26085551
APN: 7376-021-026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including 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
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Ask me questions while you tour the home.