$898,000
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.
Listed by Gerard Bisignano with Vista Sotheby’s International Realty (310) 375-0583
Property Type
Duplex
Status
Active
MLS Number
SB26185561
Year Built
1925
Lot Size
4,883 sq ft
Click to interact with map
2016 248th St, Lomita
Listed by Gerard Bisignano with Vista Sotheby’s International Realty
614 Gulf, Wilmington
Listed by Andrew Flores with Keller Williams Palos Verdes
9212 Avalon, Los Angeles
Listed by Vibhor Vineet with Nanda Realty Inc.
6771 California, Long Beach
Listed by Blair Newman with Coldwell Banker Envision
5604 S Manhattan Pl, Los Angeles
Listed by Tony Gonzales with Vista Sotheby’s International Realty
10601 S Main, Los Angeles
Listed by Vibhor Vineet with Nanda Realty Inc.
1035 Ohio Ave, Long Beach
Listed by Connor Moore with COMPASS
451 W 10th, Long Beach
Listed by Matthew Tilley with First Team Real Estate
