
Lomita, California 90717
This High-Potential Investment Opportunity is listed at a List Price of $1,100,000, positioned well below the $1,147,345 Fair Market Value by 4%. This valuation gap provides $47,345 in Instant Equity for the buyer. Featuring a 4-bedroom, 2,572 sqft floor plan on a quiet cul-de-sac, the property carries a Condition Rating of 4, requiring modernization to reach its full potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build significant equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2128 Adona Subject | $1,100,000* List Price | 4 | 3 | 2,572 | $437 | - |
A 2154 253rd Place Sold | $1,099,000 | 3 | 2 | 2,400 | $458 | 0.6 mi |
B 2462 255th Sold | $1,025,000 | 3 | 3 | 2,134 | $480 | 0.9 mi |
C 1949 252nd Pending | $1,150,000 List Price | 3 | 2 | 2,221 | $518 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, this property is significantly dated and sold 'as-is,' indicating a need for modernization. While the interior features newer laminate flooring, the bathroom fixtures and exterior maintenance reflect a condition older than 20 years, requiring updates and minor repairs rather than a full structural rehab.
As the largest home in the neighborhood at 2,572 sqft, this property offers a versatile floor plan including a main-floor bedroom and a master suite with a dedicated office or flex space.
Situated on a quiet cul-de-sac, the home provides a peaceful residential setting while remaining within walking distance to local shopping and offering convenient freeway access.
With a large 6,707 sqft lot and a spacious den featuring dual fireplaces, the property serves as an ideal canvas for buyers looking to build equity through personalized renovations and landscaping.
The property is being sold in its current state with a firm no-repair and no-credit policy, requiring the buyer to assume all costs for necessary updates and deferred maintenance.
A substantial price increase from the original $900,000 listing to $1.1M shortly after hitting the market may create challenges regarding buyer perception and appraisal valuations.
This is your chance to won the largest home in the neighborhood... located on a quiet cul-de-sac walking distance to Shopping, close to all freeways. Great area. Give this beauty your personal touches. Large 4 bedrooms, on one bedroom on the main floor, living room with woodburning fireplace, dining room, kitchen with dining area and huge den with additional fireplace and loads of windows... master bedroom upstairs has an added on area, great for office or flex space. Nice sized back yard just waiting for your touches to bring it to life. Sold AS-IS Seller will make no repairs or credits
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 | 2,572 | 1,412 | 90% |
| Lot Size | 6,707 | 5,726 | 72% |
| Price | $1.10M | $1.02M | 66% |
| Price per sq ft | $428 | $683 | 10% |
| Built year | 1965 | 1954 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 136 | 3% |
May 9, 2026
$1,100,000
Initial Listing
May 6, 2026
$900,000
Initial Listing