2122 242nd, Lomita, California 90717, Lomita, 90717 - 4 bed, 3 bath
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Lomita, California 90717
This Completely Redone Turnkey Residence is a Strong Value Opportunity, listed at $1,490,000—positioned well below the $1,618,548 Fair Market Value by 7%. This valuation gap provides $128,548 in Instant Equity for the incoming buyer. Boasting a Mint Condition Rating, the home features a designer kitchen with quartz countertops, a private swimming pool, and a rare 3-car attached garage. Residents will enjoy panoramic Palos Verdes Hills views from three private balconies across a spacious 2,886 sq ft layout. This property is an exceptional find for Owner-Occupants seeking a luxury lifestyle or Value-Driven Buyers looking for a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2122 242nd Subject | $1,490,000* List Price | 4 | 3 | 2,886 | $556 | - |
A 2110 253rd Place Sold | $1,200,000 | 4 | 2 | 2,510 | $478 | 0.8 mi |
B 1713 W 247th Place Sold | $1,199,000 | 3 | 3 | 1,939 | $618 | 0.6 mi |
C 2154 253rd Place Sold | $1,099,000 | 3 | 2 | 2,400 | $458 | 0.8 mi |
D 2309 250th Active | $1,280,000 List Price | 4 | 3 | 2,275 | $563 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1987, the property has been completely redone with a high-end renovation likely within the last 5 years. The kitchen features modern shaker cabinetry, quartz countertops, a farmhouse sink, and stainless steel appliances. With new flooring, recessed lighting, and updated finishes throughout, the home is in mint, move-in-ready condition.
The property has been completely redone, offering a turnkey living experience with modern finishes across a spacious 2,886 square foot layout.
The home features a private swimming pool, large side and back yards, and three separate balconies, providing exceptional space for outdoor entertaining.
Equipped with a rare 3-car attached garage plus flat off-street parking and walk-in closets in every bedroom, the home offers superior utility for large households.
The property is located within the Los Angeles Unified School District, which may be less desirable for buyers specifically seeking the neighboring Torrance or Palos Verdes districts.
At a list price of $1.49M, the property is positioned at the higher end of the Lomita market, which may face appraisal challenges or a smaller pool of qualified buyers.
Welcome to 2122 242nd St... This home has been completely redone. Boasting 4 Large Bedrooms & 2.5 Baths. Large Kitchen off Family Room. Separate Living Room. Separate Dining Room. 3 Bedrooms have Balconies. Bedrooms all have Walk-in Closets. Walk-in Linen Closet. New shingle roof, new windows and sliding doors except the original front door. All floors are beautiful tile, repainted jacuzzi tub in master bedroom. All bathrooms and kitchen were completely remodeled. Fenced property, redid pool, added a heater and salt water to the pool. Solar panels. Landscaping redone, new garage doors, new Electric water heaters and AC unit. Outside Metal Spiral Staircase to 2nd Floor. Swimming Pool. Big Side & Back Yards. Attached 3 Car Garage + flat off street parking. Views of Palos Verdes Hills. Must come see to appreciate!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 2,886 | 1,412 | 93% |
| Lot Size | 7,895 | 5,726 | 83% |
| Price | $1.49M | $1.02M | 90% |
| Price per sq ft | $516 | $683 | 28% |
| Built year | 1987 | 1954 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 136 | 7% |
Apr 27, 2026
$1,490,000
Initial Listing
Sep 25, 2018
$860,000
Public Record
Mar 3, 1994
$320,000
Public Record