2351 249th Street, Lomita, California 90717, Lomita, 90717 - 4 bed, 2 bath
2351 249th Street
Lomita, California 90717
Property Price
SUMMARY
Analysis of 2351 249th Street, Lomita, California 90717 reveals a Prime Investment Opportunity with a current list price of $975,000—significantly undercutting the $1,041,267 Fair Market Value by 6%. This valuation gap indicates a +$66,267 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lomita Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2351 249th Street Subject | $975,000* List Price | 4 | 2 | 1,604 | $649 | - |
A 2120 240th Sold | $1,060,000 | 4 | 3 | 1,920 | $552 | 0.6 mi |
B 25601 Reed Drive Sold | $945,000 | 3 | 2 | 1,258 | $751 | 0.6 mi |
C 1713 W 247th Place Sold | $1,199,000 | 3 | 3 | 1,939 | $618 | 0.9 mi |
D 24709 Woodward Avenue Sold | $970,000 | 3 | 2 | 1,497 | $648 | 0.3 mi |
E 2032 245th Street Active Under Contract | $1,199,000 List Price | 4 | 3 | 2,110 | $568 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that bring it up to modern standards. Key updates include a fully remodeled kitchen with newer appliances, newly remodeled bathrooms featuring a double-head shower in the primary suite, and a new 200-amp electrical panel. With the addition of newer dual-pane windows, a newly built laundry room, and refinished original hardwood floors, the home shows no signs of deferred maintenance and meets the criteria for a recently renovated, high-quality residence.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Renovations
The property features a fully remodeled kitchen and bathrooms, newer dual-pane windows, and an upgraded 200-amp electrical panel, offering a move-in-ready experience with significant capital improvements already completed.
- Enhanced Outdoor Living Space
The gated front yard and newly screened-in backyard deck maximize the utility of the 5,000+ sq ft lot, providing secure, private areas for entertaining and outdoor relaxation.
- Premium Primary Suite
The primary suite is thoughtfully designed with custom dual closets and a double-head shower, providing a level of luxury and functional storage rarely found in homes of this vintage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Limited Open Yard Space
With the inclusion of a large screened-in deck and two chicken coops on a 5,060 sq ft lot, the remaining open green space may feel constrained for buyers seeking a traditional lawn.
- Potential Cooling Deficit
Despite the extensive interior updates, the listing does not mention a central air conditioning system, which may be a significant consideration for comfort during Southern California's warmer months.
About 2351 249th Street
This is the home you’ve been waiting for! Beautifully remodeled 4-bedroom, 2-bath home with over 1,600 sq ft of living space on a 5,000+ sq ft lot. The home has been updated with a remodeled kitchen featuring newer appliances, newly remodeled bathrooms, newer dual-pane windows throughout, a new 200-amp electrical panel, and a newly built laundry room. Natural light fills the interior, highlighting original hardwood floors. The primary suite includes custom dual closets and a double-head shower. The gated front yard and driveway create incredible usable space, while the newly screened-in backyard deck is perfect for BBQs and enjoying beautiful Southern California weather. Bonus features include generous storage in the garage and two backyard chicken coops for those dreaming of a little homestead charm.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 5,060 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,604 | 1,602 | 50% |
| Lot Size | 5,060 | 6,054 | 27% |
| Price | $975.0K | $1.03M | 40% |
| Price per sq ft | $608 | $617 | 47% |
| Built year | 1956 | 1953 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 159 | 3% |
Pricing History
Listed for Sale
Feb 25, 2026
$975,000
Initial Listing
Sold
Feb 28, 2024
$825,000
Public Record
Sold
Jan 30, 1997
$210,000
Public Record