
Lomita, California 90717
This Value-Add Residential Asset represents a Prime Investment Opportunity, listed at $698,000—positioned well below the $726,519 Fair Market Value by 3%. This valuation gap provides $28,519 in Instant Equity for buyers looking to capitalize on the high-demand South Bay market. With a Condition Rating of 4, the property offers significant redevelopment potential on a 4,125 sq ft lot within the Los Angeles Unified School District. This entry-level acquisition is perfectly suited for Fix-and-Flip Investors or Contractors seeking a high-upside project in a coastal-adjacent community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25212 Walnut Street Subject | $698,000* List Price | 2 | 1 | 826 | $880 | - |
A 2337 249th Sold | $830,000 | 2 | 1 | 837 | $992 | 0.7 mi |
B 24739 Pennsylvania Sold | $705,000 | 2 | 1 | 940 | $750 | 0.8 mi |
C 25050 Eshelman Ave Active | $885,000 List Price | 3 | 2 | 1,022 | $866 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the home is over 70 years old but shows signs of partial updates. The bathroom has been recently renovated with modern tile and a glass shower, and recessed lighting has been installed in the living areas. However, the kitchen is dated with mismatched cabinetry and countertops, the original hardwood floors require refinishing, and the presence of window AC units suggests a lack of modern central HVAC. While the listing suggests redevelopment, the interior remains functional and move-in ready.
Situated in a quiet Lomita residential pocket, the property offers excellent proximity to Torrance, Redondo Beach, and the Palos Verdes Peninsula, providing high desirability for coastal lifestyle seekers.
This property serves as an ideal canvas for redevelopment or a full renovation, offering investors and builders a rare opportunity to unlock equity and create long-term value in a high-demand market.
Priced under $700,000, this listing represents a highly accessible entry point into the South Bay single-family residential market, where inventory at this price level is increasingly scarce.
Marketed as a redevelopment opportunity, the property likely requires significant capital investment to address its 1953 original condition and modernize the structure for modern living standards.
With only 826 square feet of living area and a single bathroom, the current footprint is quite restrictive for modern family needs without a substantial addition or complete rebuild.
Exceptional opportunity to secure a value-add property in a desirable South Bay neighborhood at a great value! Situated on a 4,200 sq ft lot in Lomita, this 2-bedroom, 1-bath single-family home presents a prime chance for redevelopment, renovation, or building your dream home from the ground up. With strong upside potential, this is an ideal project for investors, builders, or buyers looking to create long-term value in a sought-after coastal-adjacent community. Located in a quiet residential pocket, the property offers convenient access to the best of the South Bay — just minutes from Torrance, Redondo Beach, and the Palos Verdes Peninsula. Enjoy close proximity to local parks, shopping centers, dining, and major commuter routes, all while being a short drive to the beach. Opportunities like this — combining location, lot potential, and affordability — are increasingly rare in the South Bay. Bring your vision and unlock the full potential of this property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 826 | 1,462.5 | 6% |
| Lot Size | 4,125 | 6,126 | 9% |
| Price | $698.0K | $1.03M | 6% |
| Price per sq ft | $845 | $649 | 81% |
| Built year | 1953 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 153 | 3% |
Apr 17, 2026
$698,000
Initial Listing
Oct 1, 2003
$350,000
Public Record
Mar 24, 2000
$190,500
Public Record
Sep 20, 1996
$135,000
Public Record