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Jennifer Hamilton, DRE#01800791, Owner/Broker
REALTOR®, CRP, GRP, Director of Relocation
(805) 543-2172 ext. 30

2016 248th Street, Lomita, CA 90717

$898,000
  • 2016 248th Street, Lomita, CA 90717 Main Photo

32 Photos

Active
BEDS3 BATHS2 full SQUARE FEET1,800 MLS#SB26185589
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLos Angeles Unified

Listing Courtesy of: Vista Sotheby???s International Realty
Agency Phone: 310-375-0583
Associate Name: Gerard Bisignano
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Jennifer Hamilton, DRE#01800791, Owner/Broker


Property 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.

2016 248th Street | MLS# SB26185589

This multi-family property located at 2016 248th Street, Lomita, CA 90717 is currently listed for sale with an asking price of $898,000. 248th Street is located within the Los Angeles Unified school district. Search Lomita real estate on jenniferhamilton.farrellsmyth.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Lot Size: 0.11 Acres
Stories: 1.0
Year Built: 1925

Feature Descriptions

Community Features: Curbs
Days on Site: 22
Exclusions: Washers/Dryers
Fireplace: None
Laundry: Inside
Lot: Back Yard
Parcel#: 7376021026
Sewer: Public Sewer
Units: 2
Water: Public

Local Schools

School District: Los Angeles Unified

Listed By / Shown By

Listed By

Agency Name: Vista Sotheby???s International Realty
Agent Name: Gerard Bisignano
Agency Phone: 310-375-0583

IDX logo

Estimate Your Payment

Estimated Payment

$ 2,260.48 per month $1,998.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $261.92 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/16/2026. The listing information on this page last changed on 09/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/16/2026 7:28:34 AM EST) or CRMLS (last updated Wed 09/16/2026 6:42:30 AM EST). Real estate listings held by brokerage firms other than Farrell Smyth, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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