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2419 Steed Court, Lomita, California 90717, Lomita, 90717 - 3 bed, 3 bath

2419 Steed Court, Lomita, California 90717 home-pic-0
ACTIVE$1,198,000
2419 Steed Court, Lomita, California 90717
3Beds
3Baths
2,541Sqft
5,170Lot

Price Vs. Estimate

The estimated value ($1,009,774.71) is $188,225.29 (15%) lower than the list price ($1,198,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Cul-de-Sac Location: Situated at the end of a quiet, private, and low-traffic cul-de-sac within a highly desirable Lomita neighborhood, offering enhanced peace and safety.
Top Cons:
Requires Extensive Renovation: The property has 'little deviation from the original design' and is presented as a 'canvas,' indicating a need for significant remodeling and updates throughout.

Compared to the nearby listings

Price:$1.20M vs avg $1.03M (+$168,000)76%
Size:2,541 sqft vs avg 1,866.5 sqft74%
Price/sqft:$471 vs avg $60718%

More Insights

Built in 1974 (51 years old).
Condition: Built in 1974, this 50-year-old property is explicitly described as having 'little deviation from the original design' and requiring 'extensive renovation.' This indicates that the kitchen, bathrooms, and major systems are likely original or severely outdated, necessitating substantial repairs and rehabilitation. The absence of interior photos further supports the assessment that these key areas are not in good condition and require significant investment.
Year Built
1974
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$471
HOA
-
Days on market
-
Sold On
-
MLS number
SB25251298
Home ConditionPoor
Features
ViewNeighborhood

About this home

Tucked away at the end of a quiet and private cul-de-sac, this charming single-family Lomita home offers the perfect canvas for a buyer ready to add their own personal touches. With little deviation from the original design, the property is brimming with potential — an ideal opportunity to remodel, refresh, and create your custom dream home in this highly desirable Lomita neighborhood. Enjoy a peaceful, low-traffic street while still being close to parks, shopping, and all the conveniences the South Bay has to offer. Whether you’re a first-time buyer looking to build sweat equity or an investor searching for your next project, this home delivers incredible value and endless possibilities. Don’t miss your chance to make this Lomita gem your own — opportunities like this don’t come along often!

Price History

Date
Event
Price
05/23/02
Sold
$419,000
Condition Rating
Poor
Built in 1974, this 50-year-old property is explicitly described as having 'little deviation from the original design' and requiring 'extensive renovation.' This indicates that the kitchen, bathrooms, and major systems are likely original or severely outdated, necessitating substantial repairs and rehabilitation. The absence of interior photos further supports the assessment that these key areas are not in good condition and require significant investment.
Pros & Cons

Pros

Prime Cul-de-Sac Location: Situated at the end of a quiet, private, and low-traffic cul-de-sac within a highly desirable Lomita neighborhood, offering enhanced peace and safety.
Significant Customization Potential: Described as a 'perfect canvas' with 'little deviation from the original design,' presenting an ideal opportunity for a buyer to remodel and create a custom dream home.
Convenient Access to Amenities: Proximity to parks, shopping, and all the conveniences the South Bay has to offer enhances daily living and property appeal.
Spacious Single-Family Home: A substantial 2541 sqft single-family residence with 3 beds and 3 baths on a 5170 sqft lot provides ample living space for families.
Strong Investment/Equity Building Opportunity: Explicitly positioned for first-time buyers seeking sweat equity or investors, highlighting its potential for value appreciation post-renovation.

Cons

Requires Extensive Renovation: The property has 'little deviation from the original design' and is presented as a 'canvas,' indicating a need for significant remodeling and updates throughout.
Dated Systems/Components: Built in 1974, the home is 50 years old, suggesting that major systems (e.g., plumbing, electrical, HVAC, roof) may be original or nearing the end of their lifespan, potentially requiring substantial capital expenditure.
Lack of Modern Features/Finishes: The description implies a lack of contemporary upgrades, meaning buyers will need to invest to bring the home up to modern aesthetic and functional standards.

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