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2016 248th Street
Duplex 
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2016 248th Street 
$898,000
Offered at
Lomita, CA 90717
Los Angeles County
3
Beds
2
Baths
1,800
Sq Ft
4,883
Lot Sq Ft
1925
Year Built
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…
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.
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- 1/2 bathrooms: 0
Cooling
- Has cooling: No
Appliances
- Laundry: Inside
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 0
- Garage spaces: 0
Features
- Stories: 1
- Has private pool: No
- Has view: No
Lot
- Size: 0.11 Acres
- Features: Back Yard
Details
- Parcel number: 7376021026
- Zoning: LOR1*
Construction
Type & style
- Home type: Residential
- Property subtype: Duplex
Condition
- Year built: 1925
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Vista Sotheby’s International Realty · Listing Agent: Gerard Bisignano · 310-990-4727 · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
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2016 248th Street, Lomita, CA 90717
951-528-0626
mike@mzhomes.us
mzhomes.us
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