2016 248th Street

Lomita, CA 90717

$995,000
Price
3
Beds
2
Baths
1,800 Sq. Ft.
$553 / Sq. Ft.
1,800
Sq. Ft.
$553
per Sq. Ft.

Description

Charming Duplex in a great neighborhood in Lomita. Original structure built in 1927 and re-located to Lomita from downtown L. A. when the 110 freeway was built. Both units have been fully upgraded and a new roof installed $30,000 and the structure was recently bolted to the foundation. Both units have private yards with mature fruit trees offering the opportunity to build ADU's subject to City approval. Unit #1 is a 2 bedroom with a tandem/pass through room with closet that can be used as a bedroom,...Charming Duplex in a great neighborhood in Lomita. Original structure built in 1927 and re-located to Lomita from downtown L. A. when the 110 freeway was built. Both units have been fully upgraded and a new roof installed $30,000 and the structure was recently bolted to the foundation. Both units have private yards with mature fruit trees offering the opportunity to build ADU's subject to City approval. Unit #1 is a 2 bedroom with a tandem/pass through room with closet that can be used as a bedroom, nursery or office. Unit #2 is a charming 1 bedroom unit. Both units have washer/dryer hookups a living room and dining area, new appliances and new flooring. Easy to rent. Unit #1 has a lease through 5/25 at $2900/month. Owner's family member lives in unit #2 at reduced rent and can vacate within 60 days of the close of escrow. Subject to inspection. Listing agent is partial owner. Buyer and buyer's agent to verify all information including but not limited to lot square footage, structure square footage estimated expenses, projected rental income, etc.
  1. Listed by Gerard Bisignano • DRE #01116110 • Brokerage DRE #01922362 • Vista Sotheby’s International Realty • 310-990-4727
  2. Listed by Tiana Capper • DRE #01991771 • Brokerage DRE #01922362 • Vista Sotheby’s International Realty

Property Details for 2016 248th Street

Parking Spaces Total
0
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1800
Assessor Parcel Number
7376-021-026
Property Attached YN
true
LISTING UPDATED: 09/25/2024 11:42 AM

Property Details for 2016 248th Street

StatusActive
MLS #SB24194531
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size0.11 AC / 4,883 SF
CountyLos Angeles County

Building Information for 2016 248th Street

Stories1Residences-Year Built1925Building Size-Lot Size0.11 AC / 4,883 SF

Property Information for 2016 248th Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $49,200
  • Gross Scheduled Income: $49,200
  • Net Operating Income: $37,200
Expense Details
  • Operating Expense: $12,000
  • Insurance Expense: $3,600
  • Trash Expense: $1,500
  • Total Expenses: $5,100
Tax / Assessment Info
  • Tax Tract Number: 480
  • Tax Census Tract: 6700.02
  • CFD/Mello-Roos Fee: $712
  • Tax Lot: 146
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number With Dishwasher: 2
  • Number With Range: 2

Property History for 2016 248th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2016 248th Street

Taxable ValueLand$624,240Additions$140,454Total$764,694
Tax Record2024$9,787 ($816 / month)
Home Facts
Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtLot Size4,883 SqFtStyleDuplexYear Built1925ZoningLOR1*CountyLOS ANGELESAPN7376-021-026

Schools near 2016 248th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
President Avenue Elementary School
PublicK to 6

Alexander Fleming Middle School
Public6 to 8

Nathaniel Narbonne Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2016 248th Street is a multi-family home for sale in Lomita, CA 90717. This property was listed for sale on September 19, 2024 by Vista Sotheby’s International Realty, it's currently listed at $995,000. It has been on the market for a total of 17 days and was last sold on January 26, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include President Avenue Elementary School, Alexander Fleming Middle School and Nathaniel Narbonne Senior High School. 2016 248th Street is a 3-bed, 2-bath, 1,800 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vista Sotheby’s International Realty, Gerard Bisignano, DRE #01116110; Vista Sotheby’s International Realty, Tiana Capper, DRE #01991771

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.