
Lomita, California 90717
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $784,900—positioned well below the $837,129 Fair Market Value by 6%. This valuation gap provides $52,229 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers modern upgrades including ductless HVAC, new vinyl flooring, and a renovated kitchen. Located within the Lomita Math/Science/Technology Magnet district, this property is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1706 248th Subject | $720,000* List Price | 2 | 2 | 1,218 | $644 | - |
A 24628 Moon Sold | $918,000 | 3 | 1 | 1,412 | $650 | 0.7 mi |
B 2376 246th Place Active Under Contract | $850,000 List Price | 4 | 2 | 1,120 | $759 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1950, the property has undergone a recent renovation (likely <5 years) featuring brand-new vinyl flooring, fresh interior paint, and an updated kitchen with new countertops and backsplash. The inclusion of modern ductless HVAC and one fully modernized bathroom makes it move-in ready, though the second bathroom remains functional but dated.
The home features extensive recent enhancements including brand-new vinyl flooring, fresh interior paint, and a modernized kitchen with updated countertops and a stylish tiled backsplash.
Equipped with ductless AC and heating systems along with dual-pane windows, the property ensures year-round energy efficiency and interior comfort.
Located within the boundaries of the highly-regarded Lomita Math/Science/Technology Magnet, providing significant value for families seeking specialized education.
With only two bedrooms, the property may not accommodate larger families or those requiring multiple dedicated guest or office spaces.
Originally built in 1950, the home may possess aging underlying systems or structural elements typical of older properties despite the cosmetic surface upgrades.
Welcome to 1706 248th Street, Lomita, CA 90717- a home where charm and modern upgrades come together seamlessly. This inviting 2-bedroom, 2-bathroom residence spans 1,218 square feet and boasts a host of thoughtful enhancements that make it move-in ready. Step inside to discover brand-new, sleek vinyl flooring that extends throughout the home, complementing the freshly painted interiors. The open-concept layout flows effortlessly, creating a bright and welcoming atmosphere. The kitchen is a standout feature, showcasing updated countertops, a newly tiled backsplash that adds a touch of elegance, and a stainless steel double sink—both functional and stylish for everyday living. Dual-pane windows allow natural light to pour in, while recessed lighting enhances the warm and inviting ambiance. Ductless AC and heating, ensure year-round comfort. A spacious enclosed patio offers versatility, whether you're looking for a play area, a productive home office, or a space to entertain guests. Outside, the backyard is a lush retreat, complete with vibrant kumquat and orange trees, perfect for gardeners or those who simply enjoy fresh fruit from their own yard. A well-organized garage with built-in storage adds even more practicality to this charming home. Located in the heart of Lomita, this property is situated within the boundaries of the Lomita Math/Science/Technology Magnet (formerly Lomita STEAM Magnet), offering access to exceptional educational opportunities. Its prime location means you're just minutes from shopping, major freeways, and South Bay beaches. Don’t let this opportunity pass you by. Schedule your showing today and experience all that this beautifully upgraded home has to offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,218 | 1,272 | 45% |
| Lot Size | 6,052 | 5,726 | 59% |
| Price | $720.0K | $1.02M | 14% |
| Price per sq ft | $591 | $683 | 38% |
| Built year | 1950 | 1953 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 128 | 3% |
May 27, 2026
$720,000
$784,900
-8% Price Drop
Initial Listing
May 19, 2026
$784,900
Initial Listing
Dec 17, 2019
$580,000
Public Record
Mar 12, 2009
$389,000
Public Record