2446 248th Street, Lomita, CA 90717

$1,299,000 Asking Price

5 beds
3 baths
1,842  sqft
Built in 1951

This beautifully renovated property, upgraded in 2019 is located in a prime suburban neighborhood, just minutes from the popular Torrance Crossroads Shopping Center and Rolling Hills Plaza. Featuring two well-maintained homes on a spacious lot, this property is ideal for investors or owner-occupants looking to maximize rental income. The front home offers a cozy 2 bed, 1 bath layout, while the rear home features a larger 3 bed, 1.5 bath with open concept floor plan and fenced in yard. Both units enjoy their own low maintenance, tur front yards, perfect for outdoor relaxation. Each home also includes its on single-car garage and driveway parking, ensuring plenty of space for vehicles. This turnkey property is currently generating solid rental income and is located in a high-demand area with a strong rental market. Don't miss this opportunity to own two homes on one large lot in a great location.

Features & Amenities

Interior

Laundry:
Garage,Kitchen
A/C:
N/K
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 2

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LOR1*, 7376005024
View:
N/K

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Buckingham Investments, Inc, Kristen Mussenden

About Lomita, CA

Housing

Number of Units
8,677
Median Home Value
$596,407
Median Rent
$1,306

54.40% of housing units are renter occupied.

3.83% are vacant.

Commute

Car
64.62%
Public Transportation
2.63%
Walk to Work
2.67%
Work from Home
28.53%
Other
0.15%

The median travel time to work is 21 minutes.

People

Population
21,751
Median Age
37.90
Median Household Size
2.66

Education

High School
21.38%
Associate’s Degree
9.15%
Bachelor’s Degree
26.11%
Graduate Degree
12.33%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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