
Lomita, California 90717
This Remodeled South Bay Residence is a Prime Investment Opportunity, listed at $969,000—positioned well below the $1,003,760 Fair Market Value by 3%. This valuation gap provides $34,760 in Instant Equity. Boasting a Good Condition Rating from a 2019 Full Remodel, the home features a Gourmet Quartz Kitchen, WPC Flooring, and a Primary Suite with direct access to a 6,332 SqFt Lot offering significant ADU Potential. Located within the Los Angeles Unified district, this property is a strategic acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1732 246th Street Subject | $975,000 | 3 | 2 | 1,428 | $720 | - |
A 24628 Moon Sold | $918,000 | 3 | 1 | 1,412 | $650 | 0.8 mi |
B 1713 W 247th Place Sold | $1,199,000 | 3 | 3 | 1,939 | $618 | 0.1 mi |
C 25050 Eshelman Ave Pending | $885,000 List Price | 3 | 2 | 1,022 | $866 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was completely remodeled in 2019, featuring a modern gourmet kitchen with quartz countertops, stainless steel appliances, and WPC flooring throughout. It includes updated systems such as a tankless water heater, air conditioning, and double-pane windows. While the quality is high and move-in ready, the renovation occurred approximately 7 years ago, placing it within the 5-to-15-year window for the 'good' category rather than the 'excellent' category's 5-year threshold.
The home was completely renovated in 2019, featuring a gourmet kitchen with quartz countertops, self-closing cabinetry, and high-quality WPC flooring throughout.
The generous 6,332 square foot lot includes a large, private backyard with ample space to add an Accessory Dwelling Unit (ADU), providing excellent value-add potential.
Key mechanical upgrades include a tankless water heater, a full air conditioning system, and double-pane windows, ensuring modern comfort and energy efficiency.
The laundry facilities are located in the garage rather than an interior dedicated room, which may be seen as a convenience drawback for some buyers.
The property does not offer any significant views, which can be a competitive disadvantage in the South Bay real estate market.
The listing has undergone multiple price reductions from its original $1.028M ask, which may suggest initial overpricing or market hesitation regarding its valuation.
Welcome to 1732 246th Street, a well-located Lomita residence offering comfort, convenience, and strong South Bay appeal. Situated on a quite residential street, this property provides an excellent opportunity and investment .Completely remodeled in 2019 , home features a functional layout with inviting living spaces, abundant natural light, and seamless flow for both daily living and entertaining. Large living with spacious bedrooms. Upgraded gourmet kitchen features self-closing cabinets , quartz countertop, custom design backsplash, recessed lighting and stainless steel appliances. WPC flooring throughout. Hallway bathroom has been remodeled w/vanity Double pane windows and bathtub. laundry area in the garage. Primary suite has direct access to the private large back yard (Plenty room for ADU, buyer to verify with city) Great back yard offers plenty of room for kids to play and entertaining. Tankless water heather and does have air conditioning system, Sprinklers in the front and backyard !
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,428 | 1,428 | 50% |
| Lot Size | 6,332 | 6,121 | 55% |
| Price | $975.0K | $1.03M | 41% |
| Price per sq ft | $683 | $650 | 52% |
| Built year | 1950 | 1953 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 89 | 140 | 31% |
Feb 28, 2026
$969,000
$959,000
+1% Price Increase
Initial Listing
Feb 14, 2026
$959,000
$999,900
-4% Price Drop
Initial Listing
Feb 5, 2026
$999,900
$1,028,000
-3% Price Drop
Initial Listing
Feb 1, 2026
$1,028,000
Initial Listing
Nov 21, 2019
$795,000
Public Record
Feb 1, 2019
$560,000
Public Record
Jun 24, 1998
$255,000
Public Record