
Lomita, California 90717
This property presents a High-Potential Investment Opportunity with a List Price of $995,000—positioned above the $925,347 Fair Market Value by 7%. While the home requires modernization, its Condition Rating of 5 reflects a well-maintained, original 1962 structure with a Functional Floor Plan and 1,513 sqft of living space. Located in a desirable Lomita neighborhood within the Los Angeles Unified School District, this asset offers significant potential for value-add renovations. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2226 250th Subject | $995,000* List Price | 3 | 2 | 1,513 | $612 | - |
A 1913 240th Sold | $835,000 | 3 | 2 | 1,555 | $537 | 0.8 mi |
B 25048 Andreo Avenue Sold | $820,000 | 3 | 1 | 1,020 | $804 | 0.3 mi |
C 24739 Pennsylvania Sold | $705,000 | 2 | 1 | 940 | $750 | 0.3 mi |
D 2032 245th Street Sold | $1,205,000 | 4 | 3 | 2,110 | $571 | 0.4 mi |
E 1715 245th Street Active | $999,000 List Price | 3 | 2 | 1,835 | $544 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 and described as 'mostly original,' the home is over 60 years old with no recorded major renovations. While well-maintained, the kitchen and bathrooms feature original mid-century cabinetry, tile, and appliances that require a full rehab to meet modern standards and safety expectations.
Situated in a desirable Lomita neighborhood, the property offers convenient access to local parks, schools, and shopping, making it ideal for families and commuters.
The home has been lovingly maintained by its owners, providing a clean and functional living space that allows for immediate occupancy while planning future updates.
With over 1,500 square feet of living space and a classic layout, the home features spacious rooms and abundant natural light, offering excellent potential for modernization.
As a 'mostly original' residence, the property will likely require significant cosmetic and system upgrades to align with contemporary design trends and buyer expectations.
The property does not offer any significant views, which may be a disadvantage compared to other homes in the South Bay region that feature ocean or city light vistas.
Welcome to this charming 3-bedroom, 2-bath, lovingly maintained home. Built in 1962, this mostly original residence is full of character and offers a wonderful opportunity to make it your own while preserving its timeless appeal. The functional floor plan features spacious living areas, abundant natural light, and a classic layout designed for comfortable everyday living. Whether you're looking to move right in, renovate at your own pace, or create your dream home, the possibilities are endless. Situated in a desirable Lomita neighborhood close to parks, schools, shopping, dining, and the best of the South Bay, this is a rare chance to own a home that's ready for its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,513 | 1,397.188 |
| Lot Size | 5,153 | 5,762.125 |
| Price | $995.0K | $1.02M |
| Price per sq ft | $658 | $648 |
| Built year | 1962 | 1955 |
| HOA | $0 | $0 |
| Days on market | 18 | 48 |
Aug 22, 2026
$995,000
Initial Listing