2016 248th Street
Lomita, CA 90717
Listing broker / agent: Vista Sotheby’s International Realty · Gerard Bisignano · 310-990-4727 · CRMLS
MLS # SB26185589 · Last checked Nov 14, 2026 19:56 UTC
About this property
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.
Property details
- MLS number
- SB26185589
- Status
- Active
- Type
- Residential
- Subtype
- Duplex
- Beds / baths
- 3 Beds • 2 Baths
- Living area
- 1,800 Sq Ft
- Lot size
- 0.1121 acres
- County
- Los Angeles
- Year built
- 1925
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 79
Building
- Year built
- 1925
- Year built source
- Assessor
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 2
- Half bathrooms
- 0
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Rooms & interior
- Main-level bedrooms
- 3
- Main-level bathrooms
- 2
- Rooms
- Living Room, Office
- Cooling
- None
- Fireplace
- None
- Laundry
- Inside
Exterior & parking
- Total parking spaces
- 0
- Garage spaces
- 0
- Pool
- None
- Lot features
- Back Yard
- Lot size source
- Assessor
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Curbs
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Schools reported in the listing
- High school district
- Los Angeles Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Lomita Math/Science/Technology Magnet (school website, opens in a new tab) Los Angeles Unified · Lomita | K–5 | 0.3 mi |
| Alexander Fleming Middle (school website, opens in a new tab) Los Angeles Unified · Lomita | 6–8 | 0.4 mi |
| George S. Patton Continuation (school website, opens in a new tab) Los Angeles Unified · Harbor City | 9–12 | 0.5 mi |
| Humanities and Arts (HARTS) Academy of Los Angeles (school website, opens in a new tab) Los Angeles Unified · Harbor City | 9–12 | 0.6 mi |
| Nathaniel Narbonne Senior High (school website, opens in a new tab) Los Angeles Unified · Harbor City | 9–12 | 0.6 mi |
| John Adams Elementary Torrance Unified · Torrance | K–5 | 0.7 mi |
| Harbor City Elementary (school website, opens in a new tab) Los Angeles Unified · Harbor City | K–5 | 0.8 mi |
| Eshelman Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Lomita | K–5 | 0.8 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $849,000
- MLS-reported original asking price
- $898,000
- MLS-reported previous asking price
- $898,000
- MLS-reported last price change
- 2026-11-13 08:05 UTC
| Observed (UTC) | Asking price |
|---|---|
| Nov 13, 2026 16:14 | $849,000 |
| Nov 5, 2026 19:53 | $898,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Lomita
Active residential homes for sale in Lomita, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
2 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-14 20:38 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗