2376 246th Place, Lomita, California 90717, Lomita, 90717 - 4 bed, 2 bath
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Lomita, California 90717
This Turnkey Residential Asset is listed at $899,000—positioned well below the $904,248 Fair Market Value by 1%. This valuation gap offers $5,248 in Instant Equity. Boasting a Modern Condition Rating, the home features a renovated kitchen, newer HVAC, and a spacious deck and patio. The 6,302 sqft lot and LORVD2500 Zoning provide significant multi-unit development upside, while the primary suite with a separate entrance adds house-hack flexibility. Located in the Los Angeles Unified District, this is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2376 246th Place Subject | $899,000* List Price | 4 | 2 | 1,120 | $807 | - |
A 2407 251st Sold | $922,000 | 3 | 2 | 1,272 | $725 | 0.3 mi |
B 1841 W 253rd Sold | $807,000 | 3 | 2 | 912 | $885 | 0.9 mi |
C 25601 Reed Drive Sold | $945,000 | 3 | 2 | 1,258 | $751 | 0.7 mi |
D 24709 Woodward Avenue Sold | $970,000 | 3 | 2 | 1,497 | $648 | 0.4 mi |
E 1732 246th Street Active Under Contract | $969,000 List Price | 3 | 2 | 1,428 | $679 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1922, the property has undergone extensive recent renovations that meet modern quality standards. The interior features new vinyl plank flooring, recessed lighting, and a fully updated open-concept kitchen with stainless steel appliances and a farmhouse sink. Major infrastructure components, including the roof, HVAC system, and water heater, have been recently replaced, and the home is in move-in ready condition with no visible deferred maintenance.
The property is zoned LORVD2500 on a generous 6,302 sqft lot, offering significant upside for investors or developers interested in multi-unit residential projects.
Major recent improvements including a newer roof, water heater, central HVAC, and an upgraded crawlspace provide peace of mind and reduce immediate capital expenditures for the buyer.
The primary suite features a private en-suite bath, a built-in coffee bar, and a separate entrance, making it ideal for multi-generational living or guest accommodations.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With 4 bedrooms configured within only 1,120 square feet of living space, the individual rooms and common areas may feel significantly cramped or undersized.
The presence of unpermitted storage space could lead to complications with financing, appraisals, or future permitting requirements with the City of Lomita.
Zoned LORVD2500*, offering potential for flexible residential use and possible multi-unit development (buyer to verify with the City of Lomita). Well-maintained 4-bedroom, 2-bathroom home offering comfortable living and functional updates throughout. Interior features include fresh paint, durable vinyl flooring, and two electric fireplaces that add warmth and character. The open-concept kitchen includes ample cabinetry, farmhouse sink, and stainless steel appliances, flowing easily into the main living areas. The primary suite offers a private en-suite bath, built-in coffee bar, and separate entrance—ideal for guests or added flexibility. Recent improvements include a newer roof, water heater, central HVAC, and upgraded crawlspace. The backyard features a spacious deck, lawn area, new concrete, and a variety of mature fruit trees. Unpermitted storage space adds additional versatility. Conveniently located near shopping, dining, and everyday amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,120 | 1,462.5 | 31% |
| Lot Size | 6,302 | 6,205 | 53% |
| Price | $899.0K | $1.03M | 25% |
| Price per sq ft | $803 | $649 | 81% |
| Built year | 1922 | 1953 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 153 | 3% |
Apr 9, 2026
$899,000
Initial Listing
May 4, 2022
$900,000
Public Record
Oct 28, 2021
$700,000
Public Record
Oct 16, 2003
$370,000
Public Record
Apr 7, 2003
$320,000
Public Record