24739 Pennsylvania, Lomita, California 90717, Lomita, 90717 - 2 bed, 1 bath
24739 Pennsylvania
Lomita, California 90717
Property Price
SUMMARY
Analysis of 24739 Pennsylvania, Lomita, California 90717 reveals a Prime Investment Opportunity with a current list price of $689,000—significantly undercutting the $773,078 Fair Market Value by 10%. This valuation gap indicates a +$84,078 Instant Equity potential for buyers. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24739 Pennsylvania Subject | $689,000* List Price | 2 | 1 | 940 | $822 | - |
A 25410 Oak Sold | $655,000 | 2 | 1 | 894 | $733 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1953, this property is explicitly marketed as a 'fixer' and 'as-is' trust sale. The interior features highly outdated kitchen and bathroom facilities, peeling paint, aged wall heaters, and worn flooring. The listing description and images confirm the need for substantial rehabilitation and modernization of all major systems and finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Equity Potential
As a Trust Sale fixer-upper, this property presents a significant value-add opportunity for investors or contractors to build equity through a comprehensive renovation.
- Versatile Parking and Storage
The property features a two-car garage plus additional gated parking for an RV, boat, or multiple vehicles, providing rare and highly functional utility for the area.
- Prime Retail Proximity
Ideally located near the Torrance Crossroads shopping center, the home offers exceptional convenience with quick access to Costco, Home Depot, and diverse dining options.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The property is being sold in 'As-Is' fixer condition with no warranties, necessitating a substantial capital investment for repairs and modernization.
- Limited Living Space
With only 940 square feet of living area and a 2-bedroom, 1-bathroom configuration, the home's small footprint may limit its appeal to larger families or those seeking more spacious interiors.
About 24739 Pennsylvania
Trust Sale. Value added renovation opportunity! Ideal for Investors, DIY Buyers, or Contractors! This fixer property offers considerable possibilities for upside equity potential! Situated on a level 5,154 square foot lot. 2 car garage plus additional gated parking for RV or add’l vehicles, boat etc. This home offers a fantastic chance to bring your vision to life. The existing structure is being sold As-Is, with no repairs or warranties. Great location near Torrance Crossroads shopping center with Von’s, Home Depot, restaurants and more! Costco and Sam’s club just minutes away.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 5,154 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.0 | 16% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 940 | 1,600 | 16% |
| Lot Size | 5,154 | 6,121 | 26% |
| Price | $689.0K | $1.03M | 6% |
| Price per sq ft | $733 | $618 | 71% |
| Built year | 1953 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 160 | 3% |
Pricing History
Listed for Sale
Feb 17, 2026
$689,000
Initial Listing
Sold
Jul 5, 2011
$365,000
Public Record
Sold
Apr 18, 1997
$138,000
Public Record