25925 Narbonne 38, Lomita, California 90717, Lomita, 90717 - 2 bed, 1 bath
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Lomita, California 90717
This Upper-Level View Condominium is listed at $450,000, representing a stable entry point into the Lomita market compared to its $417,733 Fair Market Value. Maintaining a Condition Rating of 4, the home offers significant potential for personalization while boasting Scenic Multi-Directional Views of the Palos Verdes Hills and city lights. The property is highly accessible via FHA approval and a $20,000 City National Bank grant, complemented by a pool and spa and a Comprehensive HOA covering most utilities. This is a perfect sanctuary for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25925 Narbonne 38 Subject | $425,000* List Price | 2 | 1 | 804 | $560 | - |
A 25837 Oak 121 Sold | $500,000 | 2 | 2 | 950 | $526 | 0.2 mi |
B 1715 259th Street 18 Sold | $382,500 | 1 | 1 | 593 | $645 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is over 50 years old and shows dated interior finishes including popcorn ceilings, older carpeting, and a bathroom with 20+ year old cabinetry and fixtures. While functional and move-in ready, the unit requires cosmetic updates to the kitchen and baths to meet modern standards.
The property is FHA approved and qualifies for a $20,000 City National Bank grant, making it an highly accessible and affordable option for first-time homebuyers.
Positioned as an upper-level unit, the home captures expansive views of the Palos Verdes Hills, mountains, and city lights, which enhances the sense of space and natural light.
The monthly association fee includes water, gas, trash, and basic cable, providing significant cost savings and simplified utility management for the owner.
The unit features only one bathroom for two bedrooms, which may be a drawback for families or co-living arrangements compared to more modern 1.5 or 2-bath configurations.
At 804 square feet, the living space is relatively modest for a two-bedroom residence, potentially limiting furniture layouts and storage for larger households.
This upper-level home is filled with natural light with an airy, open feel, offering excellent storage throughout. The spacious living room features a lovely view of the Palos Verdes Hills, while both generously sized bedrooms enjoy views of the mountains and sparkling city lights. Each bedroom includes ample closet space for easy organization. The unit comes with two assigned parking spaces, adding everyday convenience. HOA dues cover water, gas, trash, and basic cable—an exceptional value for homeowners. The community is FHA approved and also qualifies for a $20,000 City National Bank grant, making this an outstanding opportunity for buyers seeking affordability and flexibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 804 | 1,302 | 29% |
| Lot Size | 59,294 | 59,294 | 50% |
| Price | $425.0K | $659.0K | 29% |
| Price per sq ft | $529 | $526 | 57% |
| Built year | 1973 | 1976 | 29% |
| HOA | $480.0 | $400 | 57% |
| Days on market | 38 | 171 | 14% |
Jun 4, 2026
$425,000
$450,000
-6% Price Drop
Initial Listing
Apr 29, 2026
$450,000
Initial Listing